Convoy Capital Arranges $25M Loan For Pacific Palisades Multifamily Property
Convoy Capital Broker Loan on a Multi Family Property in Pacific Palisades
MultiFamily
Financed 1 year ago
Summary
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $25,000,000
The asset involved in this transaction is a multifamily property located in Pacific Palisades. The loan for this property was secured on April 27, 2021, with a loan amount of $25,000,000. The terms of the loan include a 5-year fixed term with a 3.20% interest rate and a 3-2-1% prepayment penalty. The purpose of the loan is a max cash-out refinance.
Representing the transaction are brokers Tyler Bradford from TBradford1010 and Convoy Capital from Convoy_Capital.
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Convoy Capital Broker Loan on a Multi Family Property in Pacific Palisades
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