Finance Mortgage Banking
April 1, 2009
Brandywine Realty Trust has closed an $89.8 million first mortgage financing on Two Logan Square, a 702,006- square-foot, 99 percent leased, class A, office tower in Philadelphia, Pa. The loan features a 7.57 percent rate and a seven-year term with three years of interest only payments followed by a thirty-year amortization schedule.
Brandywine Realty Trust has closed an $89.8 million first mortgage financing on Two Logan Square, a 702,006- square-foot, 99 percent leased, class A, office tower in Philadelphia, Pa. The loan features a 7.57 percent rate and a seven-year term with three years of interest only payments followed by a thirty-year amortization schedule.
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