The loan of the week for October 28, 2015 features a 18-unit multifamily in Berkeley, California. The $2,300,000 cash-out refinance is fixed for five years at 3.300% with a 30-year term and 3-year prepayment penalty. Click here to read more about this loan and current interest rates.
The loan of the week for October 22, 2015 features a 22-unit multifamily in Oakland, California. The $2,500,000 non-recourse loan is fixed for ten years at 4.220% with interest-only payments for the entire term. To read more about this and upcoming market movers, click here.
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. For information on this loan and upcoming market movers, click here to read more.