• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

27 Units Multifamily

Another Successful Funded Loan

  • $5,000,000
  • 5 Year Fixed @ 3.850%
  • Purchase-69% LTV
  • 27 Units
  • Multifamily Property
  • Long Beach, CA

ASSIGNMENT:

This was a purchase transaction for a VIP client of ours. We had been working on several transactions at the same time for them. 

CHALLENGE:

It can get a little crazy when you are handling multiple transactions for a client while at the same time you have your pipelines full with other deals. But you got to give the investors some credit, it's quite challenging for them too. 

SOLUTION:

Systems are so important when handling volume and fortunately we have good systems in place at ALB Commercial Capital. We got the deal closed and on Time.