Secured 5 Unit Multi-Family Property Financing

07.10.2017 1103 Oak St_620px

The loan of the week for June 28, 2017 features a 5-unit multifamily in Alameda, California. The $1,500,000 loan was part of a cash-out refinance transaction and is fixed for five years at 4.13%.

Treasury Yields & Commercial Rates Hold Steady at Historical Lows

08.24.2016 20160824

The loan of the week for August 24, 2016 features a 21-unit multifamily in Oakland, California. The $2,000,000 loan was part of a 1031 exchange transaction and is fixed for seven years at 3.650%.

Secured 7-Year Fixed Financing for Santa Rosa Multifamily

08.10.2016 20160810

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.

Arranged $1.1MM Financing with Interest-Only Payments for Oakland Multifamily

07.13.2016 20160713

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.

Secured $2.17MM Non-Recourse Financing for 6-Unit SF Multifamily

06.01.2016 20160601

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.

Fed Open to Raising Interest Rates in June

05.18.2016 20160518

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.

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