Cohen of Leviathan Capital arranges $2 million acquisition loan for El Paso industrial property
El Paso, TX Peter Cohen of Leviathan Capital arranged a $2 million acquisition loan secured by an industrial asset. The loan terms featured a three year term, 5.88% interest rate, 70% LTV AND no prepaymenal penalty.
Newport News, VA Merchants Capital secured $97.8 million in financing for the rehabilitation of Stuart Gardens, a 491-unit, two-phased affordable multifamily property developed by Vitus Group.