Texas Apartments

Producer: Paul Schroeder
City: Stafford
State: Texas
Lender type: Life Insurance Company
Property type: Multi-Family
Transaction type: Refinance
Loan amount: $11,200,000
Texas Apartments

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Case Study

Barry Slatt Mortgage Principal, Paul Schroeder, recently closed an $11,200,000 permanent loan on a 244 unit apartment complex in Stafford (Houston), Texas.  The property was financed with an aggressive 10-year fixed rate term and a 30-year amortization.

The loan was placed with Barry Slatt Mortgage servicing correspondent insurance company lender, Thrivent Financial.  Barry Slatt Mortgage will be servicing the loan as part of their $3,700,000 servicing portfolio.

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