10-Year Fixed at 4.50% & 75% LTV for Major California Markets

04.30.2014 20140430

For April 30, 2014, the loan of the week features a 20-unit multifamily in Martinez, California. The $1,410,000 loan is fixed for 5 years at 3.700% at 75% LTV. For more information, click here....

Recently Financed 200-Room SRO at 70% LTV

04.24.2014 20140424

The Rincon Group secured financing for a 200-room SRO in Oakland, California. The $4.2 million loan is fixed for 5 years at 4.15% at 70% loan-to-value. It also has a 3-year prepayment penalty. For more information, click here....

3.25% Fixed for 5 Years at 75% Loan-to-Value for Multifamily

04.16.2014 20140416

The loan of the week for April 16, 2014 is for a 54-unit multifamily in Oakland, California. The $3.15MM 12-month bridge loan has interest-only payments at 4.50% and no prepayment penalty. For more information, read here....

Fed Drops Unemployment Rate Threshold for First Rate Increase

04.09.2014 20140409

The loan of the week for April 9, 2014 features a 16-unit multifamily in Oakland, California. The $1,800,000 loan is fixed for 5 years at 3.850% with a 30-year amortization schedule. The loan was for a purchase transaction and closed in 28 days. For more information, read here....

Recently Closed Cash-Out Refinance at 75% LTV, 5-Year Fixed at 3.69%

04.03.2014 20140402

The loan of the week for April 3, 2014 features a 16-unit multifamily in San Francisco, California. The $1,875,000 cash-out refinance is fixed for 5 years at 3.690% with a 75% loan-to-value. For more information, click here....