Oak Creek Industrial

$1,568,000 Industrial Loan from Bank

City: Oak Creek, WI
Loan amount: $1,568,000
Lender type: Bank
Property type: Industrial
Size: 26,000 SF

Transaction description

Michael Presser of PSRS arranged the $1.57 million cash-out refinance of a 26,000-square-foot industrial property in Oak Creek, Wisconsin. Secured through bank execution, the non-recourse loan provided the borrower with a 70% loan-to-value ratio, a five-year term, and a 25-year amortization.

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