Multi Tenant Office Colorado Springs

Multi Tenant Office Colorado Springs

Bill Hood and Jay Richert arranged the financing to purchase the multi tenant office building located in Colorado Springs. The loan amount was for $1,235,000 on a 10 year term, with a rate adjustment after the first 5 years. The lender was able to close in 60 days to purchase the property.

This loan was used to purchase the property, and the owner was going to move into a portion of the building. The lender was an out of state Bank.