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]
President, Ware Enterprises
9 年congratulations
Partner
9 年Congrats!????????
Sales Manager NMLS # 409913
9 年Congrats! Good job with a great rate.