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» $2.7 Million Office Warehouse, Redmond, OR

Posted by Loan Closed


The loan on this 37K square foot Redmond, OR warehouse was maturing and the sponsor needed more time to evaluate their options. Avatar was able to refinance the property, giving the sponsor enough time to determine whether to sell the subject property or work towards long term refinancing. 

  • Loan Amount: $2,700,000
  • Interest Rate: 8.99%
  • Term: 24 months
  • LTV: 70%

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