CBRE|Capstone has secured acquisition financing for the 26-building, 52-unit townhome subdivision Peregrine Valley in Independence, Missouri.
Don Coleman and John Perlik from CBRE|Capstone secured the financing on behalf of their client, Peregrine Holdings, LLC, from Wall Street CMBS.
The $5.206 million loan has a fixed rate of 5.44 percent, is non-recourse and is amortized over 30 years. The loan also carries a 72.5 percent loan-to-value ratio.