The loan of the week for March 21, 2018 features a purchase of a multi-family property located in Oakland, California. The property was 66% vacant at closing. The interest only loan includes a 75% loan-to-cost plus a capital improvement budget. For more information on this and upcoming market movers, click here to read our weekly newsletter.
The loan of the week for March 07, 2018 features a cash-out refinance for a multi-family property in Oakland, California. The $3,734,000 non-recourse loan is fixed for seven years at 4.00% with a favorable step-down prepayment penalty. For more information on this and upcoming market movers, click here to read our weekly newsletter.
The loan of the week for January 31, 2018 features a retail property in Sacramento, California. The $2,000,000 loan is fixed for five years at 4.25% with a favorable step-down prepayment penalty. For more information on this and upcoming market movers, click here to read our weekly newsletter.
The loan of the week for January 10, 2018 features a 2-unit retail property in Paramount, California. The loan was part of a cash out refinance to complete the purchase of additional investment properties. The loan is fixed for one year at 4.05% with zero prepayment penalty. For more information on this and upcoming market…
The loan of the week for December 13, 2017 features Commercial Condo in Santa Clara, CA. The loan was part of a refinance transaction and is fixed for five years at 4.50%. The loan has a favorable step-down prepayment penalty. For more information on this and upcoming market movers, click here to read our weekly…
The loan of the week for October 10, 2017 features an 8-unit retail property in Sacramento, California. The loan was part of a purchase transaction and is fixed for five years at 4.65%. The has no prepayment penalty. For more information on this and upcoming market movers, click here to read our weekly newsletter.