📄 Extracted Text (105 words)
Executive Financial Summary:
The iconic Bishop McDevitt Catholic High School in Harrisburg, Pa. will be
adapted into: The McDevitt Center. New uses are: State offices, general
offices, retail, restaurants, banquet-catering hall, fine arts and regional
antique center.
To acquire and adapt the building, $4 million dollars will be assembled and
secured by a 1" Mortgage. Annual return is 8% amortized at 20 years with a
balloon payment by the 7'h year. Since no bank is ahead of the investors, the
risk of foreclosure is zero.
For additional information lease contact: Philip G. Crifasi, Jr., Managing
LLC Member at or . Settlement in March
2013.
EFTA00301502
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EFTA00301502
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DataSet-9
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document
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1
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