Indianapolis — BridgeCore Capital has provided $2.6 million in acquisition financing for a vacant, single-tenant retail property located in Indianapolis. The asset was formerly occupied by an undisclosed grocery tenant. The financing features an 8.5 percent fixed interest rate, with a 12-month term at a 70 percent loan-to-purchase price. The borrower in the transaction was not released.
- classic-editor-remember:
- classic-editor
- bs_sponsor_advertiser_id:
- 104493
- bs_sponsor_advertisement_id:
- bs_ads_disabled:
