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$2.5MM Refinance of Special Use Property in Sonoma County, CA


Summary: BluePoint successfully placed the cash-out refinance of a Sonoma County resort used as a corporate retreat and wedding venue. The loan provided our borrower with a return of capital invested while significantly reducing his interest cost.
Loan Amount: $2,500,000
Property: Special Use Resort
Location: Sonoma County, CA
Purpose: Refinance
Fixed Period: 5 Years
Interest Only: 6 Months
Amortization: 29.5 Years
Prepayment: Step-Down Prepay