The site consists of two 90% occupied, four-story structures from the 1970s, located just 15 minutes away from Baltimore-Washington Airport. The financing has been made available n the form of a 10-year permanent mortgage that will amortize over a 30-year period.
"We were able to secure an excellent rate and terms in part due to the strength of the borrower, but also the market and the location," John B. Levy & Co. president John B. Levy says. "These office buildings are exceptionally located in one of the richest communities in Maryland--and have maintained a steady tenancy since opening."
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