Chase Commerical Term Lending: Rousing Refis
Chase Commercial Term Lending's Michael Abbasfard recently closed a $25M refi of a 235-unit multifamily property located on Massachusetts Ave NW. This cash-out loan will remain on the bank’s balance sheet and be serviced by Chase. The 10-year, fixed-rate loan has a 15-year term for maximum flexibility, amortized over 30 years and locked at application for five months to avoid interest rate risk. For more info on how our sponsor, Chase Commercial Term Lending, can help you, please click here.