Cross Country Mortgage Provides $4,725,000 Refinance Loan For Single Family Asset In South Lake Tahoe

The asset involved in this transaction is a single-family home located in the South Lake Tahoe market. The transaction includes a loan amount of $4,725,000 and is specifically a refinance product with fixed-rate terms and a 30-year amortization schedule, featuring strong leverage.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $4,725,000
• Loan Type: Refinance
• Loan Terms: Fixed rate, 30-year amortization, strong leverage
• Lender: Cross Country Mortgage
• Brokers: Gabe Icikson & Brian Flax - Meridian Capital Group

The brokers representing this transaction are Gabe Icikson and Brian Flax from Meridian Capital Group. They facilitated the refinance process through their expertise in the real estate lending market, working with the lender Cross Country Mortgage to secure favorable terms for the transaction.