Recently Arranged $1.71MM Loan for Mixed Use in Los Angeles

08.27.2014 20140827

The loan of the week for August 27, 2014 features a 16,017 square foot mixed use in Los Angeles, California. The $1.71 million loan is fixed for 5 years at 4.00% with a prepayment penalty for 2 years and a 30-year amortization schedule. Click here for more information....

New Multifamily Program – 3-Year Fixed at 2.75% with No Points

08.21.2014 20140820

The loan of the week for August 21, 2014 features a 16-unit multifamily in San Jose, California. The $1,720,000 loan is fixed for 3 years at 3.25% with a 30-year amortization and 3-year prepayment penalty. Click here to read more....

Treasuries Remain Steady Amid Larger-than-Expected Increase in Jobless Claims

08.14.2014 20140814

The loan of the week for August 14, 2014 features a 102-unit multifamily and SRO in Oakland, California. The property is subject to 2 regulatory agreements and a HAP contract. The $2.53 million loan is 65% loan-to-purchase-price, fixed for 3 years at 3.39%, and 30-year amortization. Click here for more information....

Secured 3-Year Fixed Financing at 3.04% for SF Multifamily

08.06.2014 20140806

The loan of the week for August 6, 2014 features a 7-unit multifamily in San Francisco, California. The $970,000 cash-out refinance is fixed for 3 years at 3.04% with a 30-year term, fully amortizing. For more information, click here....