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

48 Units- Multifamily Property Adelanto, Calif.

Another Successful Funded Loan

  • $2,478,000
  • 5 Year fixed @ 5.13%
  • Purchase-71% LTV
  • 48 Units- Multifamily Property Adelanto, Calif.

ASSIGNMENT:

Purchase Loan from a client referred by a residential broker.

 

CHALLENGE

1031 Exchange date approaching. Non-Core market with limited lending options due to location.

 

SOLUTION:

Utilized nation wide wholesaler who as able to offer better terms than local lenders. Closed on time to meet exchange date.