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MichiganOffice

District Capital closes $2.9 million loan for Michigan office building

October 1, 2020
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David Dismondy with District Capital procured a 10-year/25-year amortization $2.925 million permanent loan for a three-tenant fully renovated office building in downtown Royal Oak, Michigan.

Dismody accomplished this by thoroughly analyzing the tenant financials, understanding and explaining the tenant’s business model and getting the lender comfortable with the real estate.

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