Marshall Boyd Of Interstate Equities Corp Secures $145.75 Million Refinance Loan For 400-Unit Multifamily In Yorba Linda

The property involved in the transaction is a 400-unit multifamily community located at 25550 River Bend Road in Yorba Linda, California. The financing structure includes a loan amount of $145,750,000, which was arranged as refinancing for the property. The loan features a five-year term with a fixed rate and full-term interest-only payments.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $145,750,000
• Address: 25550 River Bend Road
• Market: Yorba Linda
• Lender: Freddie Mac
• Landlord: Marshall Boyd - Interstate Equities Corp.
• Brokers: Chris Botsford, Jeff Burns, Justin Nelson & PJ Feichtmeier - Walker & Dunlop
• Loan Type: Refinance
• Loan Terms: five-year term, fixed rate, full-term interest-only payments

The transaction was facilitated by Walker & Dunlop, where Chris Botsford and Jeff Burns worked on securing the Freddie Mac loan for Interstate Equities Corporation. Additionally, Justin Nelson and PJ Feichtmeier arranged preferred equity financing from an institutional multifamily investor.