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Convoy Capital Broker Loan on a Multi Family Property in Pacific Palisades
FINANCED

Convoy Capital Arranges $25M Loan For Pacific Palisades Multifamily Property

Convoy Capital Broker Loan on a Multi Family Property in Pacific Palisades

MultiFamily
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Summary

Loan
CALIFORNIA
MultiFamily

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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Tyler Bradford's profile picture
Tyler Bradford
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Principal
$9.8M Sold

Details

Deal Summary
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FINANCED
IMAGE: Tyler Bradford DATE: 04/27/2021 MARKET: Pacific Palisades ASSET TYPE: Multifamily BROKERS: Tyler Bradford @TBradford1010 & Convoy Capital @Convoy_Capital LOAN AMOUNT: $25,000,000 TERM: 5-Year Fixed, 3.20%, 3-2-1% Prepayment Penalty, Max Cash-Out Refinance

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AddressConvoy Capital Broker Loan on a Multi Family Property in Pacific Palisades

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