Updated Sep 10, 2026
CBRE Secures $6,902,000 Refinance Loan For 57-Unit Multifamily Asset In San Bernardino
1275 East Date Street
$6,902,000
$139/SF
Building Size
49,632 SF
Asset Type
MultiFamily
Closing
Sep 1, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 1275 East Date Street, San Bernardino. The property comprises 57 units and has a total square footage of 49,632. The transaction highlights a refinance loan amount of $6,902,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,902,000
- Address: 1275 East Date Street
- Market: San Bernardino
- Asset Size: 57 units
- Total Square Footage: 49,632
- Lender: CBRE
- Loan Type: Refinance
- Loan Terms: 5
- Broker Representatives: Eric Chen & Ryan Wilkinson - CBRE
Key individuals involved in the transaction include brokers Eric Chen and Ryan Wilkinson, who represent CBRE in this refinancing deal. Their involvement underscores the collaborative effort in securing financing for the multifamily asset.
Players
San Bernardino MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93