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.
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. You can read more about the loan, as well as upcoming market movers, by clicking here.