Henry Street Capital has arranged $1,677,500 in term debt to finance the sale of a single tenant building in Desert Hot Springs, CA.  The tenant, Dollar General, recently executed a new 15-year lease.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California.  The interest rate is fixed for 7 years @ 4.25% on a 10-year loan term with 30-year amortization schedule.  Financing was secured through a California based commercial bank.

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