Did You See Us At Bisnow’s National Multifamily Conference West (BMAC) at the JW Marriott in Los Angeles Last Week?

May 27, 2014

We attended Bisnow’s BMAC at the JW Marriott in Los Angeles, California to meet with commercial real estate pros and talk about our financing options for multifamily properties.

Our value-add bridge loan is great for multifamily asset acquisitions with rates as low as 5.25% and are perfect when you need to close quick. Programs include multiple perm financing options depending on location and size of property.

Hope you stopped by our table to hear  about our loan products for multifamily properties and got a chance to listen to CEO Alex Cohen speak as a panelist about multifamily financing.

Did you miss us? Don’t worry.

Call (888) 992-0190 Today To Start An Application Today on Your Multifamily Property Deal.

Bridge Loan Parameters

Refinance, aquisitions, lease-ups, repositioning / transitional properties, tight closing deadlines, refinancing of maturing loans and partner buyouts for office, retail, industrial, and multi-family.

Rates
Floating rate loans starting as low at 5.25%

Term
1-3 Years

LTV
Up to 80%

Prepayment
Waived. (If Liberty SBF provides the permanent financing.)

Loan Parameters
• Up to 75%
• DSCR starting at 0.95x
• Non recourse
• Pre-approval for permanent financing including CMBS

Recent Multifamily Deals

$3,250,000 Purchase

50-unit apartment complex in Desert Springs, CA. Complex deal structured to enforce full-recourse “bad boy” carve outs for a foreign (non US) sponsor.

$2,100,000 Refinance

One-story, 13-unit apartment property in Pasadena, CA. Refinance of existing mortgage to provide funds to perform maintenance and replenish reserves.