Henry Street Capital has arranged $1,642,500 in term debt to provide new financing for a single tenant property in Lake Orion, MI.  The tenant, Gerber Collision, has 10 years remaining lease term.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Michigan.  The interest rate is fixed for 10 years @ 3.88% on a 30-year amortization schedule.  Financing was secured through the national lending division of a Midwest based credit union.

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