REBusinessOnline

Harborview Arranges $8.7M CMBS Loan for Office/Industrial Asset in Metro Dallas

MCKINNEY, TEXAS — New York-based Harborview Capital Partners has arranged an $8.7 million CMBS loan for an office/industrial asset located in the northern Dallas metro of McKinney. The non-recourse loan, which was provided by a New York-based lender, features a 10-year fixed-rate term and a 30-year amortization schedule. Jeffrey Fuchs of Harborview arranged the loan on behalf of an undisclosed, California-based borrower. The property was 100 percent occupied at the time of the loan closing.

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