Secured 7-Year Fixed Financing with 3 Years of Interest-Only for Oakland Multifamily

10.07.2015 20151007

The loan of the week features a 33-unit multifamily in Oakland, California. The $3,900,000 loan is fixed for seven years at 3.840% with three years of interest-only payments.

5-Year Fixed Interest Rates Down 10 Bps Since the Beginning of September

09.24.2015 20150924

The loan of the week for September 24, 2015 features a 7-unit multifamily in Redwood City, California. The $1.2 million loan is fixed for 5 years at 3.40% with a 30-year amortization schedule and 5-year prepayment penalty.

Secured $1.85MM in Financing for Sausalito Industrial

09.03.2015 20150903

The loan of the week for September 3, 2015 features a 12,650 square foot industrial building in Sausalito, California. The $1,850,000 loan was part of a 1031 exchange transaction.

Fed Minutes Show that Economic Conditions for Rate Hike are Approaching

08.19.2015 20150819

The loan of the week for August 19th features a 18-unit multifamily in Oakland, California. The $1.3 million loan was 75% loan-to-purchase-price, fixed for 5 years at 3.950%, and has a prepayment penalty for two years.

10-Year Treasury Yield Drops to 2-Month Low Due to China’s Yuan Devaluation

08.12.2015 20150811

The loan of the week for August 12, 2015 features a 6-unit multifamily in Belmont, California. The $1.1 million rate and term refinance is fixed for five years at 3.200% and has a step-down prepayment penalty for four years.

Arranged 5-Year Fixed Financing for Oakland Mixed Use at 70% LTV

08.05.2015 20150805

The loan of the week for August 5, 2015 features a 6,795 square foot mixed use building in Oakland, California. The $840,000 loan is fixed for five years at 3.890% with a 30-year amortization schedule.

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