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

30 Units Multifamily

Another Successful Funded Loan

  • $2,489,500
  • 5 Year Fixed Blanket Loan @ 2.990%
  • C/O Refinance - 65% LTV
  • 30 Units
  • Multifamily Property
  • San Bernardino County, CA


A past client with whom we had financed a few apartment buildings returned wanting to refinance the buildings.


There were some challenges but we were able to get them worked out by offering the client a blanket loan against all properties. By doing this it saved on some costs for the borrower.


We had been marketing a low interest rate promo program and we were able to convince the lender to offer that same rate but under a blanket loan. WOW!  We have to pat ourselves on the back for this one.