Henry Street Capital has arranged $3,160,000 in nonrecourse term debt to finance the acquisition of Dorchester Townhomes, a multifamily property in Dolton, IL.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Florida.  The interest rate is fixed for 10 years @ 6.52% with three years interest only and then 30-year amortization schedule.  Financing was secured through the Freddie Mac Small Balance Loan program.

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