RECENTLY CLOSED: $8,500,000 Cash-Out Refinance Loan on Northern, CA

June 14, 2023

BluePoint arranged a cash-out refinance on a 23-unit retail property in Downtown Sacramento. The $8.5MM recourse loan is fixed for 5 years at 5.40%, 30-year amortization, and a Borrower-friendly, 3-year, step-down prepayment penalty. This loan was rate locked in February.

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