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The buyer secured an $84 million loan for its purchase. The 10-year mortgage carries a fixed rate of 3.86 percent.
fully leased. Kennedy Wilson used a $77 million loan from Allianz Life Insurance Co. to help fund its acquisition. The loan, which requires only interest payments through its full 10-year term, pays a coupon of 3.85 percent.
The property serves as collateral for a $74.3 million loan that was securitized through TIAA Seasoned Commercial Mortgage Trust, 2007-C4. It matures in 2016 and pays a 5.72 percent coupon. It's subject to yield maintenance if repaid before its Oct. ...
The property was purchased with a 10-year loan that pays a coupon in the high-3 percent range. It has typically lined up loans that amount to 60 percent of the value of its properties.
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