STATES MORTGAGE CO. ARRANGES $8.65M FOR 63,000 SF MOB PROPERTY

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HOUSTON — Steve States of States Mortgage Co. has arranged an $8.65 million loan for the refinance of a 63,000-square-foot medical office building property in Houston. The borrower, a group of physicians, developed the property in 2006. States Mortgage Co. secured the 10-year fixed-rate loan with a sub 5 percent interest rate through one of its bank lending sources.

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