JB Matteson Refinances Multifamily Property In Sacramento With $33M Loan

A multifamily property located at 4500 Truxel Rd. in Sacramento has recently undergone a refinance transaction. The property consists of 384 units and is situated in the Sacramento market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $33,000,000
• Loan Type: Refinance
• Loan Terms: 10-year, full-term, interest only

The lender for this transaction was JB Matteson, represented by Tom Fischer. The brokers involved in this deal were Dennis Williams, Tom Wight, Jackie Goldsmith, and Soraya Rios of Northmarq.

With this refinance loan, the property owner was able to secure a loan amount of $33,000,000. The loan terms include a 10-year duration with full-term interest only payments.