Smith arranged financing in the amount of $300,000 for Woodson Terrace at a permanent fixed rate of 6.10%. The loan term is 25 years with a 25-year amortization and interest rate resets every five years, and a loan-to-value of 53%. The 3,456 square-foot retail building was built in 1981 and is home to major tenant Denny’s. Woodson Terrace is located at 9900 Natural Bridge Road, St. Louis, Missouri.
For further information, please contact:
Marshall Smith, (305) 447-7820, email@example.com
Jessica Gurtowski, (407) 937-0470, firstname.lastname@example.org