Carabelli Apartments
3.9% fixed rate
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934bd/667e299c6cc480823ec93804_map-pin.png)
Cleveland
,
OH
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934e4/667e299c6cc480823ec93b55_Carabelli%20Apartments.png)
Amount: $
630000
StackSource successfully sourced and negotiated a refinancing for a 100% occupied, 10-unit multifamily property located in the Little Italy neighborhood in Cleveland, OH. The borrower had acquired the property 6 months earlier and made several improvements and was able to recoup some of their costs with the refinance. The bank lender provided a 5-year term, 25-year amortization loan fixed at 3.9%.
Deal Team
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