Recently Financed: $2,451,800 Bridge Loan Purchase Financing 15-Unit Multifamily Property in Yucaipa, CA

Recently Financed: $2,451,800 Bridge Loan Purchase Financing 15-Unit Multifamily Property in Yucaipa, CA

Richard Knorr Richard Knorr

Richard Knorr

Managing Director, Capital Markets

发布日期: 2021年9月16日
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Marcus & Millichap Capital Corp (MMCC) recently arranged a $2,451,800 purchase loan for a 15-unit multifamily property located in Yucaipa, CA. The subject property had under market rents at the time of purchase, budget included full remodeling of all units and funding for 3-New Units (ADU’s). Rate and terms, as follows:

  • Loan Amount: $2,451,800
  • Interest Rate: 3.90%
  • Amortization: Interest-Only
  • Loan term:?60-months
  • Loan to Cost: 75%
  • Prepayment: No Prepay

MMCC is a leading source of commercial real estate capital nationwide. In 2020, the firm sourced and closed more than $7.76 billion in debt and equity financing structures through 1,943 capital markets transactions across the U.S.

MMCC secures the most competitive financing available in the marketplace for our clients’ acquisition, refinance and development needs.

For more information about our financing programs, please contact:

Richard Knorr | Direct (909) 456-3496 | Mobile (760) 445-5766 |

[email protected]

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