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MichiganFinance

District Capital provides $4 million of acquisition financing for Michigan mixed-use property

November 29, 2023
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Mike Lemon with District Capital recently financed a $4 million mixed-use property acquisition in Clarkston, Michigan.

The loan consists of a 10-year fixed rate locked at application with no loan covenants, escrows or reserves.

The property incorporates a medical office, in-line retail and a restaurant anchor.

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