Recently Arranged $2.36MM Financing for Concord Multifamily at 75% LTV

01.08.2015 20150107

The loan of the week for January 8, 2015 features a 22-unit multifamily in Concord, California. The $2.36 million loan is fixed for five years at 3.780% with a 30-year term, fully amortizing.

Fed Stays Patient with Interest Rate Hikes, 10-Year Treasury Up 0.15% Since Announcement

12.18.2014 20141217

For December 18th, the loan of the week features an eight-unit multifamily in Concord, California. The $981,000 loan was part of a 1031 exchange and closed in 45 days.

Fed’s Beige Book Reports Widespread Employment Gains

12.03.2014 20141203

The loan of the week for December 3, 2014 features a 13-unit multifamily in San Leandro, California. The $1.55MM loan is fixed for 5 years at 3.610% at 75% loan-to-purchase-price.

Arranged Five-Year Fixed Financing for Foreign National

11.20.2014 20141119

The loan of the week for November 20, 2014 features a 21-unit multifamily in Oakland, California. The borrower on the $931,000 loan is a foreign national.

Secured Permanent Financing with One-Year Prepayment Penalty for San Jose Multifamily

11.12.2014 20141112

The loan of the week for November 12, 2014 features a 8-unit multifamily in San Jose, California. The $1 million loan is fixed for 5 years at 3.950% and only has a prepayment penalty in the first year.

Treasury Yields Stay Steady Amidst Fed’s Announcement to End QE

11.06.2014 20141106

The loan of the week for November 6, 2014 features a 7-unit multifamily in Hayward, California. The $810,000 loan is fixed for 3 years at 3.10% with a 3-year prepayment penalty.

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