Brighton Homes Building

Property Name: Brighton Homes Building
Location: North Salt Lake, Utah
Property Type: Office
Transaction Type: Acquisition Financing
Loan Amount: $975,000
Details: Our client was looking to finance the purchase of the property and was a tenant in the building.  An added layer of complexity is that the collateral comprised 5 condominium units in a condo project that included a neighboring building and common parking area.  The lender was able to get comfortable with the ownership and condo structure and provided an attractive rate for a 16-year, fully amortizing loan.  
More Info: John Gottschall at 801-323-1023 or contact me