Our Multifamily Finance team recently closed a $150 million refinance for an affordable apartment complex in Southern California. Congratulations to Trevor Fase, Ryan Watkins, Tanner Kershaw, Maxx Lunn, and Nathaniel Salazar! "Thanks to the Fannie Mae Streamlined Rate Lock program and the efforts of our W&D team, we locked in a favorable long-term fixed rate for our client in just three days after receiving the signed application, eliminating any further rate risk in a volatile market.” - Trevor Fase Connect with the team here: https://lnkd.in/exKJA_hb #California #Affordable #Housing #Deals #WeAreWD
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A BIG congratulations to our client on closing a $17.8M Fannie Mae Multifamily refinance! Even in today’s market, the Lument team makes it happen and we DELIVERED great results! It’s an honor to have repeat clients and a team that works hard for them to get the results they expect! #multifamilyinvesting #apartmentinvesting #apartments #realestateinvestor #closingdeals #lender #multifamilylender #cashflow #invest #investor
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Exciting news on the real estate front! We've just closed our second bridge-to-bridge refinance, securing a substantial $17 million loan for a multifamily property. This marks our second achievement in this realm within the past month! Navigating the real estate landscape can be a journey with unexpected twists and turns. But here's the thing: there's always a solution. Case in point: our recent endeavor. We facilitated a bridge loan while eyeing a HUD exit strategy. Partnering with a trusted bridge lender we've previously collaborated with, we're setting up our seasoned client for continued success. This bridge financing is all about maintaining momentum, facilitating lease-up efforts, and rent adjustments until the property is poised for that HUD takeover. Facing similar challenges with your multifamily property? Let's talk! Reach out at aali@gparency.com, and let's explore tailored solutions to rejuvenate your investment and steer it back on course for success. Ira Zlotowitz
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Our team closed a Freddie Mac SBL multifamily refinance for an existing client and active apartment investor. We were able to push final loan proceeds higher than expected in order to pay off a 1st and 2nd trust deed and avoid cash-in. We actually ended up with some cash-out. This loan was structured with a declining % prepay penalty and two years of interest-only. We are the dedicated Freddie Mac SBL team at CBRE for the greater Los Angeles region. Freddie Mac SBL continues to lead the charge in decreasing rates causing other banks and credit unions to join the movement. This is a great sign for commercial real estate and the multifamily sector. Contact us today to discuss your next refinance. #capitalmarkets #CBRE #freddiemac #freddiemacsbl #debtandstructuredfinance #multifamily #studenthousing #agencylending #realestate #realtor #developers #CRE #singletenant #NNN #CREfinance #mixeduse #bridgeloan #fixnflip #purchaseloan #refinance #commercialrealestate #mortgagebroker #closeddeal #capitalmarkets #1031exchange #investmentproperty #investmentrealestate #cashoutrefi #money #commercialloan #constructionloan
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Our team closed a Freddie Mac SBL multifamily refinance for an existing client and active apartment investor. We were able to push final loan proceeds higher than expected in order to pay off a 1st and 2nd trust deed and avoid cash-in. We actually ended up with some cash-out. This loan was structured with a declining % prepay penalty and two years of interest-only. We are the dedicated Freddie Mac SBL team at CBRE for the greater Los Angeles region. Freddie Mac SBL continues to lead the charge in decreasing rates causing other banks and credit unions to join the movement. This is a great sign for commercial real estate and the multifamily sector. Contact us today to discuss your next refinance. #capitalmarkets #CBRE #freddiemac #freddiemacsbl #debtandstructuredfinance #multifamily #studenthousing #agencylending #realestate #realtor #developers #CRE #singletenant #NNN #CREfinance #mixeduse #bridgeloan #fixnflip #purchaseloan #refinance #commercialrealestate #mortgagebroker #closeddeal #capitalmarkets #1031exchange #investmentproperty #investmentrealestate #cashoutrefi #money #commercialloan #constructionloan
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Our team closed a Freddie Mac SBL multifamily refinance for an existing client and active apartment investor. We were able to push final loan proceeds higher than expected in order to pay off a 1st and 2nd trust deed and avoid cash-in. We actually ended up with some cash-out. This loan was structured with a declining % prepay penalty and two years of interest-only. We are the dedicated Freddie Mac SBL team at CBRE for the greater Los Angeles region. Freddie Mac SBL continues to lead the charge in decreasing rates causing other banks and credit unions to join the movement. This is a great sign for commercial real estate and the multifamily sector. Contact us today to discuss your next refinance. #capitalmarkets #CBRE #freddiemac #freddiemacsbl #debtandstructuredfinance #multifamily #studenthousing #agencylending #realestate #realtor #developers #CRE #singletenant #NNN #CREfinance #mixeduse #bridgeloan #fixnflip #purchaseloan #refinance #commercialrealestate #mortgagebroker #closeddeal #capitalmarkets #1031exchange #investmentproperty #investmentrealestate #cashoutrefi #money #commercialloan #constructionloan
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MULTIFAMILY REFINANCE UNDER APPLICATION – SAN DIEGO, CA We are delighted to announce that a significant refinancing application is in progress, promising a bright financial future for an apartment building. This strategic financial maneuver is designed to enhance cash flow and reduce costs, showcasing our commitment to client success in the real estate market. The terms of the refinancing are highly competitive, featuring a 5.99% interest rate with a 5-year fixed period. This offers our client stability in their financial planning, critical in today's fluctuating market environment. The loan structure includes 3 years of interest-only payments, followed by a 30-year amortization schedule. This arrangement allows for lower initial payments, freeing up capital for improvements or other investment opportunities, which then transitions to regular payments that will methodically reduce the principal over time. A key aspect of this deal is the adherence to a minimum 1.25x Debt Service Coverage Ratio (DSCR), ensuring the investment remains financially sound and generates sufficient income to comfortably cover debt payments. The loan amount for this refinance is set at $1,680,000, reflecting the property's value and our client’s equity in the investment. This refinancing is not just a financial adjustment—it's a strategic move to position the property for long-term success and stability. Get in touch with us to explore how we can assist in achieving your financial goals through strategic real estate investments. (310)849-0799 #ApartmentRefinance, #RealEstateInvesting, #FixedRateLoan, #InterestOnlyLoan, #DebtServiceCoverage, #RealEstateFinance, #InvestmentStrategy, #PropertyManagement, #RealEstateDevelopment, #FinancialSolutions.
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"We were able to find a solution for her." 👏 Check out this sweet story of how Roger Benjamin from the GIF team was able to help a borrower who was losing hope on a multifamily property. With rates going down, refinances are gaining popularity. We'll help you out! ➡️ 214.548.5190. https://hubs.la/Q02NwpjV0 #RealEstateInvesting #PropertyInvestment #RealEstateInvestor #RealEstateOpportunities #PrivateLending #PrivateMoneyLending #Refinance
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And build with a fire sprinkler system, regardless of square footage or type of occupancy.
Aging large and small commercial properties and well as new construction need updated energy-efficient systems. Energize Delaware's D-PACE program helps property owners, developers, mortgage holders, capital providers and contractors do the right thing. We all are responsible for making our state more sustainable and energy-efficient.
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CASH OUT REFINANCE IN SOUTHERN CALIFORNIA - We're delighted to announce the refinancing for a 74-unit multifamily property in Southern California. Our team is committed to securing the best terms for our clients, and in this case, we've negotiated a promising deal with $10,000,000 in loan proceeds accompanied with a 5.92% interest rate and 30-year amortization. After going to market with 37 different lenders to ensure our client received the very best execution the market had to offer, we were able to raise an additional $600,000 in proceeds due to our long-standing relationships with both the appraisal and underwriting teams. Setting ourselves apart from traditional big banks, our team's persistent efforts have been instrumental in crafting a deal that not only meets but surpasses the usual market offerings with both a step down and no prepayment penalties. This achievement underscores our dedication to providing superior, customized financial solutions. If you're considering refinancing or seeking more favorable terms, our skilled team is ready to assist you. Reach out to us for expert guidance and support in realizing your real estate financial objectives. (310)849-0799 #multifamilyinvesting, #CommercialRealEstateFinancing, #MarcusMillichap, #CREF, #multifamily, #multifamilyrealestate, #MultiFamilyFinancing, #commercialrealestate, #capitalmarkets, #multifamilyinvestor, #debtmarket, #financing, #realestatefinance, #CRESoCal, #MultifamilyFinancing, #SoCalRealEstate, #CommercialRealEstateCA, #CREInvestmentSoCal, #CaliforniaMultifamily, #SoCalPropertyInvestment, #CREFinanceExperts, #MultifamilySoCal, #SoCalCommercialProperties, #SoCalApartmentInvesting, #CREApartmentsSoCal, #ApartmentFinancingCA, #SoCalApartmentMarket, #CaliforniaApartmentCRE, #ApartmentRealEstateSoCal, #CREApartmentFinance, #SoCalApartmentProperties, #ApartmentInvestmentCA, #SoCalCREApartments.
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