Connect One Bank Provides $39.6M Loan For Industrial Property In Lancaster, PA

Connect One Bank & Welmo Coca completes $39,600,000 loan in Lancaster, PA

Industrial

Financed 1 year ago

Summary

Loan

NATIONAL

Industrial

An industrial property located in Lancaster, PA was recently involved in a closed transaction. The loan for this property was provided by Connect One Bank, represented by Welmo Coca. The transaction was facilitated by the GPARENCY Team.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $39,600,000
Loan Terms: Rate: 4.1%, 5-year fixed term, 30-year amortization
Loan Date: 06/24/2022
Market: Lancaster, PA

Welmo Coca from Connect One Bank played a crucial role in providing the loan for this industrial property in Lancaster, PA. The GPARENCY Team acted as the brokers in this transaction.

As a GPARENCY member, the syndicator only paid $4,000 in financing fees.

Details

Deal Summary

FINANCED

IMAGE: 06/24/2022 MARKET: Lancaster, PA ASSET TYPE: Industrial LENDER: Connect One Bank, Welmo Coca BROKERS: GPARENCY Team (@G.Parency) LOAN AMOUNT: $39,600,000 LOAN TERMS: Rate: 4.1%, 5 year Fixed Term, 30 yr Amortization NOTE: As a GPARENCY member the syndicator only paid $4,000 in financing fees

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AddressConnect One Bank & Welmo Coca completes $39,600,000 loan in Lancaster, PA

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