Barry Slatt Mortgage Principal, Kenneth M. Fox, CCIM, recently successfully closed on an $11,250,000 loan secured by a recently completed, mixed-use 21 residential unit multi-family property with 2 commercial units on the ground floor. The subject property is located in San Francisco, California and the take-out financing included a long-term fixed rate loan amortized over 30 years. Kenneth was able to assist in securing financing with a competitive interest rate through a correspondent insurance relationship of Barry Slatt Mortgage. Barry Slatt Mortgage will be servicing this loan as part of its $3.7 Billion portfolio.
|PROPERTY||LENDER TYPE||TRANSACTION TYPE||LOAN AMOUNT||PRODUCER|
|Newark Square Shopping Center||Life Insurance Company||Purchase||$7,500,000||Gregory Gray|