10 Units- Multifamily Property

Another Successful Funded Loan

  • $611,250
  • 7 Year fixed @ 4.125%
  • Purchase-72% LTV
  • 10 Units- Multifamily Property Yucca Valley, Calif.

ASSIGNMENT:

This was one of many purchases that we helped this client out with. He had a great story, sold one building in Pasadena and then exchanged into 4 buildings in San Bernardino. He was referred to us by CRE agents.

CHALLENGE

Biggest challenge was that properties were in some real tertiary markets of San Bernardino and the loans were small which filtered out most lending sources.

SOLUTION:

One of our long term capital sources has financed loads of properties in the San Bernardino Market and they worked with us on this one and all of the others that the client bought. It was very smooth and we closed on time. Really enjoyed the process.

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ALB Commercial Capital

Office: (626) 296-7777
Toll-Free: (800) 510-2214 Fax: (626) 296-7771
Email: Info@albcommercialcapital.com

Headquarters

2476 Lake Ave Altadena,Ca. 91001

ABOUT US

We are industry experts dedicated to providing our clients the best loan programs, unparalleled service and certainty in execution
Cal BRE License #01379610
www.albcommercialcapital.com

GET IN TOUCH

Adress:

Headquarters
2476 Lake Ave.
Altadena CA 91001 USA

Phone:

Office : (626) 296-7777
Fax : (626) 296-7771

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