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Non-Recourse Financing Available for Medical Office Properties
Non-Recourse Financing Available for Medical Office Properties
May 31, 2011 Finance news in Winter Haven,Florida, United States of America
Winter Haven-based 6/10 Capital Advisors announces availability of non-recourse, fixed rate permanent loans (up to 75% LTV) for the acquisition and re-financing of existing, leased income producing medical office properties.
FOR IMMEDIATE RELEASE
Winter Haven,
Florida,
United States of America
(Free-Press-Release.com) May 31, 2011 --
Winter Haven, FL – Winter Haven-based 6/10 Capital Advisors, a wholly-owned subsidiary of the 6/10 Corporation, announces availability of non-recourse, fixed rate permanent loans (up to 75% LTV) for the acquisition and re-financing of existing, leased income producing medical office properties. The company maintains relationships with numerous bank and non-bank institutional capital sources that are actively originating non-recourse permanent loans.
“Our ‘sweet spot’ in terms of transaction size is $1 – $10 million, although we have the capacity to handle much larger transactions,” states John Herbert, Managing Director of 6/10 Capital Advisors. For additional information, visit www.610capitaladvisors.com.
About The 6/10 Corporation
The 6/10 Corporation is a Winter Haven, Florida based investment company. Its primary holdings are Florida commercial real estate properties and private equity positions in Florida based operating companies. The 6/10 Corporation’s commercial real estate portfolio includes office, medical, data center, industrial, specialty retail and undeveloped land. Operating companies included in the 6/10 Private Equity portfolio include software, commercial real estate services, colocation and data center, manufacturing and IT services. Formed in 1985, 6/10 has many years of experience in the acquisition, development, ownership and management of a broad range of investments. www.610corp.net.
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