BMC CAPITAL PROVIDES $1.6 MILLION LOAN FOR RETAIL PROPERTY IN INDIANA

by admin

BROWNSBURG, IND. — BMC Capital has originated a $1.6 million loan for the refinancing of a maturing CMBS loan on a CVS/pharmacy property, located at 21 W. Main St. in Brownsburg. Barrett Linburg of BMC Capital arranged the 10-year, fixed-rate loan, which has a 50 percent loan-to-value and a 25-year amortization schedule, for the undisclosed borrower.

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