North Metro Townhomes – Salt Lake City, UT

January 5, 2021

Henry Street Capital has arranged $4,500,000 in term debt to finance the acquisition of North Metro Townhomes, a Class A multifamily property in Salt Lake City, UT.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Salt Lake City.  The interest rate is fixed for 10 years @ 3.00% on a 30-year amortization schedule.  Financing was secured through the national lending division of an East Coast based commercial bank.