Kern Carlton & Lloyd Brown Secure $552,000 Loan From Cali Capital For Multifamily Acquisition In Aiken SC

The asset involved in this transaction is a multifamily property located at 676 Summer Lakes Drive, Aiken, SC, consisting of 2 units. The loan associated with this acquisition transaction amounts to $552,000, with loan terms of 80% LTV, a 10-year interest-only period, and a 3-2-1 prepayment penalty.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $552,000
• Lender: Cali Capital
• Borrower: Kern Carlton & Lloyd Brown
• Broker: Gabby Cali - Cali Capital
• Loan Type: Acquisition
• Loan Terms: 80% LTV, 10 Year I/O, 3-2-1 PPP

Gabby Cali is the broker representing Cali Capital in this transaction and facilitated the financing through an in-house DSCR lending product offered on 1-4 unit investment properties. Interested parties can reach out to Gabby to discuss financing options or brokering deals, available via call or text at 732-962-3242 or email at [email protected].