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.
Market Single Family Market Snapshot
Boundary boundary · Single Family · Loan transactions
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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