The acquisition financing consists of a three-year floating rate loan with a 30-year amortization schedule; two one-year extension options are in place, as well. Additionally the loan is locked-out to prepayment for the first three months, after which point it will be subject to a diminishing prepayment penalty until the 13th month.

Prudential explains the benefits of the aforementioned loan term, saying in a prepared statement that "this unique structure provides the borrower maximum flexibility to sell over the short-term if they decide that market conditions are well-suited to a sale." And a sale in the near future could prove lucrative. The 32-year-old property's current assessed value is $10.3 million, while its proposed 2005 assessed value is $17.3 million.