The Marquette Apartments

$1,550,000 Multifamily Loan from Life Insurance Company

City: Anaheim, CA
Loan amount: $1,550,000
Lender type: Life Insurance Company
Property type: Multifamily
Size: 18 Units

Transaction description

Grady Seldin of PSRS arranged the $1.55MM refinance of an 18-unit multifamily property in Anaheim, California. The single-story subject property was built in the 1970s and is kept updated with every move-out. Financed with one of our correspondent life insurance companies, Grady was able to secure his client a non-recourse loan with a 10-year term and 30-year amortization.

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