Larew, Doyle & Associates arranges $8.5 million financing for 108,000 s/f

May 13, 2016 - Rhode Island
Smithfield Office Center - Smithfield, RI Smithfield Office Center - Smithfield, RI

Smithfield, RI Larew, Doyle & Associates arranged $8.5 million in non-recourse permanent financing on 910 Douglas Pike, a class A three-story, 108,000 s/f office building situated in Smithfield Office Center, located off I-295 on Rte. 7 (Douglas Pike).   

The loan was placed with a Massachusetts-based financial institution which provided an attractive 10-year fixed interest rate permanent loan on a non-recourse basis.   The lender was able to hold the interest rate for 90 days prior to funding.          

The Smithfield Office Center is a highly-desirable professional office park, consisting of 3 superior office buildings with natural light, offering 180,000 s/f of first class office space for lease.   

Larew, Doyle & Associates, Inc. provides its clients with unparalleled access and representation to the real estate debt and equity capital markets.

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