3.95% 10-Year Interest-Only
Daniel Hilpert, Managing Director at Equicap, is pleased to announce the closing of a $2.8MM acquisition loan on a NNN leased property outside of Chicago, in Cook County, Illinois.
The property is leased to Chase. The client, a NY-based seasoned real estate owner and retail investor, engaged Equicap for best-in-class execution and market access. Investors seeking competitive investment yields, count on Equicap to source, execute and close on deals across the country, while still providing its signature boutique service.
Sally Wang, Manager/Closer at Equicap, stated, “it was our dedication and proactive approach on every facet of the deal that resulted in a seamless transaction and a satisfied client.” It’s not every day that a New Yorker finds the right investment fit in Chicago. Equicap made it happen, linking the client with a lender who provided a 10-year interest only loan at a fixed rate of 3.95%.
Per the borrower, “Sally was on the case all day, every day. That’s what you want in your closer.”