The Client
A real estate investor from Hong Kong purchased a retail complex with a credit anchor tenant.
How We Helped
As a Foreign Entity, the borrower has traditionally purchased their U.S. real estate in cash due to the struggles of obtaining financing with no U.S. credit or tax returns. This is a typical client scenario for America Mortgages and with lenders that will focus on the cash flowing real estate, the borrower was able to keep a large position of their cash and utilize a commercial loan.
We were able to secure a non-recourse 7-year commercial real estate loan for the purchase of the property with 65% leverage.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| Hong Kong Investment Company | $4,200,000 | $2,730,000 | 65% | 4.875% |
| Term | State | Property Type | Purpose | Loan Type |
| 7 year fixed loan / 20 year amortization | Boston, Massachusetts | Retail | Purchase | Commercial |
| Nationality | Hong Kong Investment Company |
| Property Value | $4,200,000 |
| Loan Amount | $2,730,000 |
| LTV | 65% |
| Rate | 4.875% |
| Term | 7 year fixed loan / 20 year amortization |
| State | Boston, Massachusetts |
| Property Type | Retail |
| Purpose | Purchase |
| Loan Type | Commercial |
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