Equitas Capital Group Secures $6.3M Refinance Loan For Baltimore Multifamily Property

The multifamily property located in Baltimore, MD recently underwent a refinancing transaction. The loan amount was $6,300,000, and it was facilitated by Equitas Capital Group, represented by brokers Alex Leykind and Michael Fey. The loan terms included a loan-to-cost ratio (LTC) of 70% and a 5-year term, with a 30-year amortization period. The loan had an interest-only period of 1 year and prepayment terms of 3,1,0,0,0.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,300,000
• Brokers: Alex Leykind & Michael Fey - Equitas Capital Group
• Loan Type: Refinance
• Loan Terms: LTC: 70%, Term: 5 years; Amortization: 30 years, Interest Only: 1 year; Prepayment: 3,1,0,0,0

Equitas Capital Group specializes in providing customized financing solutions for commercial real estate projects. They are committed to assisting their clients in securing the most favorable terms and lowest interest rates for their transactions. To learn more about their financing services, you can contact them at 347-820-1797 or email [email protected].