Non-recourse fixed-rate loan for the refinancing of manufactured housing

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55+ Manufactured Housing
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Life Insurance Company
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Boynton Beach, Florida
Sand sea

Refinancing of Stabilized Property to Boost Equity Returns

Steve Mench refinanced this property with a fixed-rate non-recourse permanent loan. The property was stabilized and performing well. The new loan enabled the investors to conservatively leverage the asset and boost returns on equity.

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