Business Services Industry
Column Financial, Inc
Real Estate Weekly, Sept 20, 2000
Column Financial, Inc. announced its Connecticut office has financed a 63-unit Multifamily project in Waterbury for $1,000,000. The property, Wyncrest Manor, was built in 1986. The financing was structured as a 10-year term, 30-year amortization, with a fixed-rate of 8.20%, 71% LTV, and a 1.20x. The class CC Multifamily asset currently enjoys a 87% occupancy.
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