Northern CA Multifamily Portfolio

Northern CA Multi-Family Portfolio

$39,000,000 Perm Loan

600-Unit Multi-Family Portfolio

Antelope, Rocklin, Sunnyvale, & Orangevale, CA

HRC arranged $39 million in fixed-rate agency debt to refinance an existing credit facility encumbering all four assets. Structured as four new loans, the new financing allowed an existing low-cost credit line to remain in-place for the Borrower’s future use. The new financing carries an 11-year term with 30-year amortization.

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