Northwest Community Healthcare | Kildeer, Illinois
NCH - Forward Permanent Financing: Lake Forest Real Estate Capital, LLC arranged a seven (7) year, 75% LTV, floating rate, non-recourse loan. This structure takes advantage of an historically low LIBOR to achieve a coupon rate under 3.0% while allowing for maximum flexibility by allowing prepayment at par at anytime along with collateral release provisions to accommodate future additional development potential.
Floating rate risk is further mitigated through a fixed principal AND interest payment (versus principal PLUS interest payments) , where the allocation of the debt service payment to principal and interest adjusted should rates increase.
Floating rate risk is further mitigated through a fixed principal AND interest payment (versus principal PLUS interest payments) , where the allocation of the debt service payment to principal and interest adjusted should rates increase.
See: NCH Construction
LAKE FOREST REal Estate Capital LLC 1300 North Waukegan Road
Lake Forest, IL 60045 |
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