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1275 East Date Street

Updated Sep 10, 2026

CBRE Secures $6,902,000 Refinance Loan For 57-Unit Multifamily Asset In San Bernardino
FINANCEDMultiFamily

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.

On the Map

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$6,902,000

$139/SF

MultiFamily

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Players

Eric Chen

CBRE

Broker

$1B

vol

120 deals

Broker
CBRE
CBRELender
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San Bernardino MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $139 per square foot on a published $6.9M for 49,632 square feet (2026).

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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

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