Author Profile: Steve Bushey, S.E.C.

Biography »

Steve Bushey, S.E.C. is president of Steven Bushey and Company, and a developer, investor specializing in single tenant site locations and office and industrial leasing. Steve is involved in a number of value added partnerships and considers all of New England and Northeastern New York his marketplace.©2009-2023 The S.E.C. Real Estate Observer

Publications »

Structuring Your Commercial Mortgages
Posted in Society Columns, Summer 2013 on 10 August 2013
Stats: 12,480 views and Comments Off on Structuring Your Commercial Mortgages

Spring is taking two steps forward and 1½ steps backwards, but if you live in Vermont, that is close enough. For the last couple of months I have been talking to our mortgage lender about refinancing one of our buildings. The building has been in service for +/- eight years and we expanded the building about 50% five years ago. Consequently we have 2 mortgages with one at 6.5% and another at 6.99%.