Multi Payment Loan

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The firm secured the long-term, fixed-rate, permanent loan through New Jersey-based PGIM Real Estate Finance on behalf of the borrower, Madison VK LLC. The financing features interest-only payments.

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Conventional mortgages are great for investors who desire a longer-term loan and are able to make a 20 percent down payment. Federal Financing: Multiple government agencies, such as the Federal Housing Administration (FHA), Fannie Mae and Freddie Mac sponsor multifamily loan programs.

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