Palm Street Apartments

$1,400,000 Multifamily Loan from Bank

City: San Luis Obispo, CA
Loan amount: $1,400,000
Lender type: Bank
Property type: Multifamily
Size: 11 Units

Transaction description

Jonny Soleimani and Thomas Rudinsky of PSRS arranged the $1.4 million refinance of a multifamily property in San Luis Obispo, California. The subject property is an 11-unit apartment complex sitting on a 0.33-acre lot. It has on-site, off-street parking in a quiet neighborhood in the heart of San Luis Obispo. Financed with bank execution, PSRS provided its borrower with a seven-year loan term.

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