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Posted: September 18, 2018
Outside the Region: Uber Cap. Group secures loan for Mapletown Shopping Center
Maple Heights, OH According to Uber Capital Group, the firm has financed Mapletown Shopping Center with a $3.1 million loan. Terms of the loan were 10 years at a 5.5% fixed rate with a 71% LTV. Uber provided the borrower with a wide range of financing options, and explicitly conveyed borrower’s business plan to receive the best available terms.
Uber Capital Group, a commercial real estate financing and advisory firm based in Long Island, New York excels in it’s field by providing some of the best rates and terms in the industry due to it’s extensive relationships with national, regional and local banks, credit unions, insurance companies, investment banks, private investors, CMBS lenders, REIT’s, and government agencies. Since 2017, Uber Capital Group has arranged more than $250 million of commercial real estate debt, including more than 75 transactions in 26 states.
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