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

6 Units Multifamily

Another Successful Funded Loan

  • $497,000
  • 5 Year Fixed @ 5.850%
  • Purchase - 65% LTV
  • 6 Units
  • Multifamily Property
  • Apple Valley, CA


A meet up of multiple past clients in one transaction. The seller was a prior client and it turned out that the buyer was also a past client of ours who was in a 1031 exchange. The listing and selling agents were also both individuals that we have worked with before on other transactions. This was like attending a class reunion.


The biggest hurdle on this deal was the current market conditions. Interest rates were on the rise!


ALB structured a 5 yr fixed for the buyer with the current lender and simultaneously negotiated for the seller a discounted prepayment premium.  The deal closed and everyone was happy. On to the next deals we just love this business!