$487,500 Commercial Mortgage | Auto Repair Investment Property – Essex County, NJ

To support the acquisition of an investment property in Essex County, New Jersey, the client secured long-term financing for a one-story auto repair facility. Cascade Capital Advisors structured a $487,500 commercial mortgage based on a 25-year amortization, with the interest rate fixed at 7.61% for the first five years and a loan-to-value ratio of 75%. The financing enabled the purchase of the property while providing predictable debt service and long-term stability for the investment.