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

07.13.2016

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

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

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.

Secured $7.7MM Bridge Financing for Hayward Multifamily

05.05.2016

The loan of the week for May 5, 2016 features a 36-unit multifamily in Hayward, California. The $7.7 million bridge financing has an adjustable interest rate, starting at 4.250%.

Arranged $2.2MM Financing for San Francisco Office Building

02.25.2016

The loan of the week for February 25, 2016 features a 8,050 square foot office building in San Francisco, California, whose tenants include a medical cannabis dispensary. The $2,200,000 loan has an adjustable interest rate (starting at 4.008%) and a 2-year step-down prepayment penalty.

10-Year Treasury Yield Drops to Lowest Level Since August of 2012

02.11.2016

The loan of the week for February 11, 2016 features a 56-unit multifamily in Rohnert Park, California. The $5,800,000 non-recourse loan is fixed for ten years at 4.660% with interest-only payments for the full term.