30 Units- Multifamily Property

Another Successful Funded Loan

  • $5,000,000
  • 5 Year fixed @ 3.84%
  • Purchase-66% LTV
  • 30 Units- Multifamily Property La Habra, Calif.

ASSIGNMENT:

These were past clients who sold a building that we had financed a few years prior in Long Beach. They contacted us to let us know that they were in escrow on a building. Coincidentally happened to be a building that another client had shown interest in less than a month before.

CHALLENGE

Biggest Challenge is that we were competing with a retail officer for the same Lender we were using but we were on the wholesale correspondent side. Really was not a fun process for obvious reasons the LO did all he could to make our job a nightmare.

SOLUTION:

We focused on the goal! Take care of the client get them the best rate & Terms and to close on time. We won and the transaction was completed really appreciate the clients choosing us. In this business a client’s loyalty and support is priceless.

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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

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