180 Units- Multifamily Property

Another Successfully Funded Loan

  • $12,885,000
  • DUS Green Rewards @ 5.10%
  • Purchase-72% LTV
  • 180 Units- Multifamily Property Atlanta, GA.

ASSIGNMENT:

Client was in a 1031 exchange from the sale of a large asset that we had financed for them just a year prior in the Long beach, CA area. The market appreciated so rapidly and it allowed them to fulfill the dream of venturing into other states on newer bigger assets.

CHALLENGE

Larger loans in areas like Georgia many bank type lenders fall out of the mix, and the clients had no other assets in that market area. Also buyers were competing with REIT type investors.

SOLUTION:

We placed them into a Fannie Mae DUS loan with the green rewards built into the deal structure. We closed on time and clients were happy. Love these guys they are great to work for.

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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

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Adress:

Headquarters
2476 Lake Ave.
Altadena CA 91001 USA

Phone:

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

CONTACT FORM

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