Arranged 5-Year Fixed Financing at 3.25% for San Jose Multifamily

04.22.2015 20150422

The loan of the week for April 22, 2015 features a six-unit multifamily in San Jose, California. The $1.1 million loan is fixed for five years at 3.250% and has a 30-year term, fully amortizing. For more information, click here....

Fed Minutes Show that Rate Hike May Happen in June 2015

04.08.2015 20150408

The loan of the week for April 8, 2015 features a 13-unit multifamily in Oakland, California. The $1,390,000 loan is fixed for 7 years at 3.660% and has a 30-year term, fully amortizing. The loan was closed in 35 days. To read more, click here....

Secured $4.8MM Bridge Financing for Multifamily with 2.55% Interest Rate

04.02.2015 20150402

The loan of the week for April 2, 2015 features a multifamily complex in Pleasant Hill, California. The $4,800,000 bridge loan is adjustable starting at 2.550%. It is also partial recourse and was 78% loan-to-project-cost. To read more, click here....