Closed: $24mm Refinancing of Federal Courthouse On A Fixed Rate CTL Loan

CTL Capital was the lender on a $24,000,000 credit tenant loan for a 87,000 SF courthouse leased to the GSA in Virginia...

CTL Capital was the lender on a $24,000,000 credit tenant loan for a 87,000 SF courthouse leased to the GSA in Virginia. The long term, credit tenant bond financing allowed the borrower to refinance the mortgage on the property, enhance the property, and take advantage of the favorable current market interest rates.

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