Tag Archives: Apartment Loans News

Apartment Refinance Los Angeles

  $2,250,000 refinance for an approximate 12 unit apartment complex in Los Angeles, built in the 1940s.  The borrower was seeking a max-leverage refinance to payoff the existing first mortgage as well as some delinquent property taxes.  Many lenders would not consider this transaction as a result of the delinquent real estate property taxes. Commercial Mortgage Broker Financial […]

Commercial Mortgage Lenders make Apartment loans

Commercial Mortgage Lender refinances 100 unit apartment complex in Los Angeles, CA   Commercial mortgage lenders appetite for apartment loans in southern California remains voracious from both agency and portfolio lenders.  With the low market vacancy rates and stable cash flow that many southern California apartment properties provide, commercial mortgage lenders are able to offer attractive borrowing costs to their borrowers.  For example, Financial […]

Apartment Loans: Workout and refinance

Apartment loans:  $9 million loan workout and refinance for portfolio in Los Angeles Commercial Mortgage Broker Financial Compound resolve these non-performing apartment loans, secured and cross collateralized by an apartment portfolio in Los Angeles.  We structured a loan refinance with the existing lender accepting a discounted payoff of the loan, as well as waiving prepayment penalties.  Financial Compound […]

High Leveraged Fixed Rate Financing For Apartments

Financial Compound arranged approximately $18 million in long-term fixed rate financing, representing 100% of the purchase price, for the acquisition of two transitional apartment complexes with a combined 200 units in Los Angeles, CA for an experienced local apartment operator.  The business plan for the properties is to perform capital upgrades (approximately $4,000 per unit) and […]