70+ Unit Apartment Complex in Palmdale, CA
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Recent Transactions
Summary: Borrower requested the maximum loan amount, non-recourse, and flexibility of a step down prepay.
Loan Amount: $5,000,000
Property: 70 Unit Apartment Complex
Location: Palmdale, CA
Purpose: Acquisition
Fixed Period: 5 Years
Interest Only: 12 Months
Amortization: 30 Years
Prepay: Step-Down
Recourse: Non-Recourse