News
Chase Commercial Term Lending Update
March 25, 2014
Chase Commercial Term Lending Daniel Siesser recently closed on another multifamily loan on the bank's balance sheet. It was a $6M cash-out refinance against a 72-unit apartment building in Northwest DC. The non-recourse loan was structured with a 30-year term, a fixed rate for seven years, five years IO, and flexible prepayment terms with the ability to refinance with Chase without penalty any time after two years. For more info on how our sponsor, Chase Commercial Term Lending, can help you, click here.
