The loan of the week for February 26, 2015 features a 6-unit multifamily in Berkeley, California. The $960,000 loan is fixed for 5 years at 3.610% and has a step-down prepayment penalty for five years. Click here to read more.
The loan of the week for February 18th features a 10-unit multifamily in Vallejo, California. The $852,000 loan was at a 70% loan-to-purchase-price and is fixed for ten years at 4.660%. Click here to read more about this and other upcoming market movers.
The loan of the week for February 11, 2015 features a 24-unit multifamily in Moraga, California. The $4,200,000 loan was a cash-out refinance that is fixed for 5 years with a 30-year term, fully amortizing. More information about the loan and other financing updates can be found here.
The loan of the week for February 4, 2015 features a 6-unit multifamily in Hayward, California. The $1,050,000 cash-out refinance is fixed for 5 years at 3.650% with a 3-year step-down prepayment penalty.
The loan of the week for January 22, 2015 features a 10-unit multifamily in Sonoma, California. The $1,050,000 loan is fixed for 5 years at 3.350% with a 3-year prepayment penalty and a 30-year term, fully amortizing. To read more, click here to view our weekly newsletter.
For the week of January 15, 2015, the featured loan was for a 13-unit multifamily in Oakland, California. The $1.875 million cash-out refinance is fixed for five years at 3.440% with a 30-year term, fully amortizing. Click here for more information.