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

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FINANCED
$17,100,000

California

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Single Family16,489 SF
Financed 05/30/2024
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Property Image
FINANCED

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

Single Family16,489 SF
Financed 05/30/2024
Contact now

Summary

Asset Type:Single Family
Price Per Square Foot:$1,037
Total Square Footage:16,489 SF
Transaction Type:Loan

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
2 deals$19.5M volume(310) 428-5045
BROKER

Archway Capital
LENDER

Details

FINANCED
IMAGE: Marissa Wilbur, Ari Wintraub & Lauren Geoge DATE: 05/30/2024 MARKET: Malibu ASSET TYPE: Single Family~ SF: 16,489 LENDER: Marissa Wilbur (@MissMariss_ & @ArchwayCapital) BUYER'S REP: Ari Wintraub (@AriWintraub) - Sotheby's International Realty (@SothebysRealty) MORTGAGE BROKER: Robyn Wallberg - Nationwide Private Funding & Lauren George - Slacks Canyon Capital LOAN AMOUNT: $17,100,000 LOAN TYPE: Acquisition Loan LOAN TERMS: Investment SFR acquisition loan where Archway provided a quick close and 60% LTPP. Loan terms were 12-months, 9.95% IO Fixed and 1.5pts with no PPP/YM NOTE FROM LENDER: Please contact Archway for your quick close, financing needs. [email protected] - 424-270-0168; [email protected] - 310.428.5045; [email protected] - 561–756-4356; [email protected] - 949-436-3221

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$17,100,000.00

Monthly NOI$114,000.00
Monthly Debt Service$108,083.63
Change in Cash Flow$0.00
Refinance Proceeds$0.00