StackSource recently closed an acquisition loan for a New York-based investor that acquired a portfolio of thirteen (13) single family rental properties in Maple Heights, OH. This is a repeat client of StackSource that has been acquiring residential portfolios and multifamily properties throughout the Midwest, and this was their first acquisition in Ohio.

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StackSource Capital Advisor Chris Peters arranged financing with a private lender that provided a 79% LTV, 30 year term loan fixed at 4.25% for the entire 30 years.