Evergreen Asset Group announced today that the company recently arranged financing in the amount of $22 million
Released on = September 7, 2006, 6:12 pm
Press Release Author = Evergreen Asset Group
Industry = Real Estate
Press Release Summary = Evergreen Asset Group announced today that the company recently arranged financing in the amount of $2.2 million on a Retail Center located in North Carolina.
Press Release Body = FOR IMMEDIATE RELEASE: August 31, 2006 ATLANTA, GA, August 31, 2006 - Les Smith, President of Evergreen Asset Group announced today that the company recently arranged financing in the amount of $2.2 million on a Retail Center located in North Carolina. The borrower requested a first mortgage structured for a 30-year amortization, with a 10-year fixed rate period, at a Loan to Value of 75%. The objective was to provide long-term consistent cash flow for the next ten years, in light of a rate adjustment approaching on their current mortgage.. The property was well maintained and fully leased. The borrower was holding the property for long-term investment purposes. Evergreen Asset Group is a Nationwide Commercial Mortgage Brokerage firm. Providing Superior Service, Professionalism, and a High Degree of Integrity, Evergreen Asset Group offers a variety of loan types that include fixed rate, interest-only, Construction, Mezzanine, Bridge loans, Purchase, Refinance, and Cash Out. Evergreen Asset Group also offers Hard Money Loans through its vast database of Hard Money Lenders. Evergreen Asset Group accommodates all traditional income producing property types that include multifamily, retail, office, industrial, hotels, condominiums, mixed-use and self-storage. For more information, contact Les Smith directly at: (770) 783-0954 or via e-mail at Info@evergreenassetgroup.com. Or visit their website at: http://www.EvergreenAssetGroup.com
Web Site = http://www.evergreenassetgroup.com
Contact Details = For more information, contact Les Smith directly at: (770) 783-0954 or via e-mail at Info@evergreenassetgroup.com. Or visit their website at: http://www.EvergreenAssetGroup.com