Updated Aug 28, 2026
Nick Viscount Of Keystone Mortgage Corporation Arranges $22M Loan From Voya Financial For Multifamily Property In Belmont
707 Old County Road
$22,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 11, 2026
About this deal
AI
The transaction involved a multifamily property located at 707 Old County Road in Belmont, California. A permanent loan was secured for this asset, which has garnered significant interest in the market due to its location in the supply-constrained San Mateo County.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $22,000,000
- Lender: Voya Financial
- Broker: Nick Viscount - Keystone Mortgage Corporation
- Loan Type: Permanent
- Interest Rate: 5.47%
Keystone Mortgage Corporation, led by managing director Nick Viscount, facilitated the arrangement for this financing deal. The specifics regarding the borrower were not disclosed, although there was a noted strong demand from lenders for multifamily assets in the area.
Players
Belmont 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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93