The loan of the week for August 10, 2016 features a 21-unit multifamily in Santa Rosa, California. The $2,730,000 loan is fixed for seven years at 3.650% and has a five-year step-down prepayment penalty. It was 65% loan-to-purchase-price. To read more about this and other financing news, click here for our weekly newsletter!
The loan of the week for July 13, 2016 features a 8-unit multifamily in Oakland, California. The $1.1 million loan is fixed for five years at 3.45% with interest-only payments for two years. To read more about this and upcoming market movers, click here to see our weekly newsletter.
The loan of the week for June 1, 2016 features a 6-unit multifamily in San Francisco, California. The $2,170,000 non-recourse loan is fixed for three years at 3.190% and has a three-year step-down prepayment penalty. To learn more about this and current lending rates, please click here for our weekly newsletter.
The loan of the week for May 18, 2016 features a 18-unit multifamily in Santa Rosa, California. The $2,300,000 non-recourse loan is fixed for five years at 3.63% and has interest-only payments for the first year. To read more about this and other upcoming market movers, click here for our weekly newsletter.
The loan of the week for May 5, 2016 features a 36-unit multifamily in Hayward, California. The $7.7 million bridge financing has an adjustable interest rate, starting at 4.250%. The loan also has interest-only payments for two years. To read more about this and other financing updates, click here for our weekly newsletter.
The loan of the week for February 25, 2016 features a 8,050 square foot office building in San Francisco, California, whose tenants include a medical cannabis dispensary. The $2,200,000 loan has an adjustable interest rate (starting at 4.008%) and a 2-year step-down prepayment penalty. Read more about this and upcoming market movers in this week’s…