12 Units- Multifamily Property

Another Successfully Funded Loan

  • $1,332,000
  • 5 Year fixed @ 4.50%
  • Purchase-62% LTV
  • 12 Units- Multifamily Property Panorama City, Calif.

ASSIGNMENT:

Purchase Loan for returning client. Adding third apartment unit complex to his portfolio.

CHALLENGE

Short escrow in a rent control area.

SOLUTION:

Utilized a lender that was able to underwrite at 1.15DCR to maximize leverage-coordinated appraisal with 10-day turn around to close on time.

Contact form:

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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

CONTACT FORM

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