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

135 Units Multifamily

Another Successful Funded Loan

  • 11,000,000
  • 5 Year Hybrid @ 3.250%
  • Purchase -58% LTV
  • 135 Units
  • Multifamily Property
  • Phoenix, AZ


This was a purchase loan transaction for an investor that was referred to us by one of our Preferred Commercial Real Estate Brokerages.


Property had some COVID related delinquencies and the borrower had multilevel entities and Fannie & Freddie passed on the deal.


The lender of best choice turned out to be a portfolio lender and ALB was able to place loan without the use of Agency programs and at a better interest rate with a more favorable DCR which allowed us to maximize loan dollars for the client.