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Marissa Wilbur Provides $17...

Marissa Wilbur Provides $17.1M Acquisition Loan For Malibu Single Family
FINANCEDSingle Family

Marissa Wilbur Provides $17.1M Acquisition Loan For Malibu Single Family

$17,100,000

$1,037/SF

Building Size

16,489 SF

Asset Type

Single Family

Closing

May 30, 2024

AI

The property involved in this transaction is a Single Family home located in Malibu, with a square footage of 16,489. The acquisition loan amount for this property was $17,100,000. Marissa Wilbur served as the lender for this deal. The buyer's representative was Ari Wintraub from Sotheby's International Realty. Robyn Wallberg from Nationwide Private Funding and Lauren George from Slacks Canyon Capital acted as the mortgage brokers. The loan provided by Archway was an Investment SFR acquisition loan with 60% LTPP. The loan terms included a quick close, 12-months duration, 9.95% IO Fixed rate, and 1.5pts with no PPP/YM.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $17,100,000
  • Market: Malibu
  • Lender: Marissa Wilbur
  • Buyer's Rep: Ari Wintraub - Sotheby's International Realty
  • Mortgage Brokers: Robyn Wallberg - Nationwide Private Funding & Lauren George - Slacks Canyon Capital

The key individuals and companies involved in this transaction were instrumental in ensuring a smooth process. For any quick close financing needs, Marissa Wilbur from Archway can be contacted at [email protected] or 424-270-0168. The buyer's representative, Ari Wintraub, can be reached at 310.428.5045. Robyn Wallberg's contact information is [email protected] or 561-756-4356, and Lauren George can be reached at [email protected] or 949-436-3221.

Players

Ari Wintraub

Sotheby's International Realty

Broker

$19.5M

vol

2 deals

Broker
Archway Capital
Archway CapitalLender

Market Single Family Market Snapshot

Boundary boundary · Single Family · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93