
January 02, 2008 -
Connecticut
Stephen Henderson, a senior director with Tremont Realty Capital, arranged the $3 million loan for the refinancing of a portfolio of bank buildings located in various locations throughout Connecticut, funded through a regional bank.
The 10-year non-recourse loan provided for roughly 75% loan-to-value, with a competitive interest rate. The properties were 100% occupied at the time of closing. Major tenants include local and national banks.