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$4.3MM Acquisition Loan for Hayward Multifamily
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Recent Transactions

Summary: As part of a 1031 Exchange, the Borrower sought a loan on the replacement property prior to selling the relinquished property. BluePoint identified a lender that was willing to provide a long-term rate lock at no cost and wait to fund until the relinquished property closed escrow.
Property: Multifamily
Location: Hayward, CA
Loan Amount: $4,277,000
LTV: 75%
Fixed Period: 7 Years
Term: 10 Years
Amortization: 30 Years