Glenside Terrace Glenside, PA

Glenside, PA
$2,860,000 Acquisition Loan

Securing 75% LTC acquisition financing for a dated multi-family property being purchased via 1031 exchange. Additionally, the ownership of the 1031 exchange was approximately 20 years old.

Washington Square was able to navigate the process and arrange a 5-year loan at a fixed rate of 3.75% with 30-year amortization.