$14,950,000 60-Unit Multifamily San Francisco


Loan Amount $14,950,000
Transaction Acquisition
Collateral 60-unit apartment building with ground floor retail
Location San Francisco, California
Purpose of Loan PurchaseĀ property quickly in a competitive market
Exit Strategy Permanent Debt (bank financing)
Loan Term 12 months
Interest Rate 7.90% interest only
Origination Fee 1.00 point
Additional Terms No prepayment penalty. No yield maintenance. Non-recourse.
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