{  Boston, MA  }

$8,500,000

Local Bank

LTV: 65%

Cornerstone placed $8,500,000 for the refinancing of a 41,000 SF office building in Boston, MA. A local banking institution provided a 7-year fixed rate mortgage with a 24 month interest only revolving line of credit followed by 30 year amortization. The loan was subject to 65% LTV.