RECENTLY FUNDED: Davis Multi-Family Property

RECENTLY FUNDED: Davis Multi-Family Property

Barry Slatt Mortgage CEO, Daniel Friedeberg, along with Vice President Kelvin Lam, and Analyst Jason Wang, recently closed a $12,500,000 loan on a 105-unit multi-family property located in Davis, California. The loan was used to retire an existing maturing loan and provide attractive long-term financing in a rising interest rate environment.

The loan had an aggressive 10 year fixed rate term with a 30-year amortization. Friedeberg and his team were chosen for the assignment because of their long-term relationship with the borrower and extensive knowledge and experience in the multi-family financing market.  

Barry Slatt Mortgage will be servicing the loan as part of their $4+ billion servicing portfolio.

Daniel Friedeberg  / D: 650.342.6755 / [email protected]

Kelvin Lam  / D: 650.342.9045 / [email protected]

Jason Wang  / D: 650.443.9033 / [email protected]

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