The loan of the week for January 27, 2016 features a 44-unit multifamily in El Sobrante, California. The $7,500,000 non-recourse loan is a cash-out refinance that is fixed for five years at 3.560%. To read more about this loan and upcoming market movers, click here to see our weekly newsletter.
The loan of the week features a 42,895 sq. ft. mixed use property in Oakland, California. The $4,745,000 loan is non-recourse and fixed for five years at 4.170% with a 3-year step-down prepayment penalty. Click here to read our weekly newsletter.
The loan of the week for January 13, 2016 features a 6-unit multifamily in San Francisco, California. The $1,525,000 cash-out refinance is fixed for five years at 3.400% and has a four-year step-down prepayment penalty. For more information, click here to see our weekly newsletter.