U.S. REALTY CAPITAL ARRANGES $14 MILLION IN FINANCING
KING OF PRUSSIA, PA. — U.S. Realty Capital (USRC) has arranged a $14 million first mortgage for the refinancing of a multi-tenant office facility in suburban King of Prussia. The facility is located off North Gulf Road. The loan has a 15-year fixed rate term with a 20-year amortization schedule. The loan was funded by a life insurance company. The borrower was undisclosed.