Brooklyn Multifamily Refi

4.55% fixed, 30 year amortization
Blue and black colored multifamily property with black fencing located between two other properties.
Amount: $
Interest Rate: 

The last closing of 2018 for StackSource was for a small multifamily property in Brooklyn. $2.125 Million, non-recourse, mid 4s rate for 5 year fixed loan term, 30 year amortization with a balance sheet lender. This loan was selected for the competitive rate and long amortization period at a strong LTV in order to maximize the investment return.

Deal Team

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Charitable Cause supported by 1% of StackSource's revenue on this transaction: