MacGregor & Knight Closes $2.25 Million Multifamily Refinance

MacGregor & Knight Closes $2.25 Million Multifamily Refinance

Recent Closing:

When contacted by a Returning Client, a New Jersey Multifamily Operator inquiring about a Cash Out Refinance on two of their communities with a goal to acquire another investment property.

MacGregor & Knight secured financing for a $2.25 million 10 Year Loan at a 75% Loan To Value with a Rate of 4.125% with a 30 Year Amortization.

We are presently observing 3.5% rates on Seven-Year money with similar Loan To Values on strong transactions in the market today.

We invite you to contact us with any scenarios or questions.

Richard Wagner
Managing Partner
(732)672-9594
[email protected]

 

 

D.Andre Ware

President, Ware Enterprises

9 年

congratulations

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Congrats!????????

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Donna Ranieri

Sales Manager NMLS # 409913

9 年

Congrats! Good job with a great rate.

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