Refinance of a Two-Tenant Retail Property

We recently had the pleasure of assisting a valued Private Banking client with a rate and term refinance for a commercial property located out of state. The property in question is a well-positioned 2-unit retail center in San Antonio, Texas.? Our team worked diligently to secure a competitive interest rate for the client, ensuring that the terms met their financial goals. ?Importantly, we negotiated a loan structure that included no prepayment penalty. This flexibility allows the client to refinance again in the future when interest rates become more favorable, providing them with additional strategic options.

Jonathan Fulton Walt Edwards, CFA David W.