WELSH CAPITAL ARRANGES TWO COMMERCIAL PROPERTY LOANS
NORTH BRANCH, MINN., AND FRANKLIN, WIS. — Welsh Capital recently closed on two loans totaling $6.4 million for two commercial properties in North Branch and Franklin. In the first transaction, Welsh arranged $1.5 million in refinancing for a 54-unit multifamily property in North Branch. In the second transaction, $4.9 million in acquisition financing (loan assumption) was secured for a 155,320-square-foot multi-tenant industrial building in Franklin. Additional terms of the transactions were not disclosed.