Secured Financing for Net Leased Day Care with Expiring Lease at 75% LTV

02.26.2014 20140226

For the week of February 26, 2014, we are featuring a rate and term refinance of a day care in Folsom, California with only 3 years remaining on the lease. The $1,010,000 loan is at 75% loan-to-value and is fixed for 5 years at 4.000% with a 20-year term, fully amortizing. For more information, click here....

6-Year Fixed with 3 Years of Interest-Only, 4.20%

02.21.2014 20140220

The loan of the week for February 20, 2014 features the purchase of a 13-unit multifamily in Richmond, California. The $1.1 million loan is fixed for 5 years at 3.97% and closed in 45 days. Click here for more information....

New Multifamily Product, 2.75% Fixed for 3 Years with 7.75% Lifetime Ceiling

02.12.2014 20140212

The featured loan of the week for February 12, 2014 is for a 38-room SRO with ground floor retail in San Francisco, California. The $2,187,500 cash-out refinance is fixed for 5 years at 4.500% at 70% loan-to-value. To learn more, click here. toolTips('.classtoolTips0','city in the state of california');...

Recently Secured 5-Year Fixed at 3.90% & 75% LTV for West Oakland Multifamily

02.05.2014 20140205

The loan of the week for February 5, 2014 features the purchase of a 17-unit multifamily in Oakland, California. The $1,140,000 loan is fixed for 5 years at 3.900% with a 3-year step-down prepayment penalty. For more information, click here....