Berkeley Office Building
Advisors:
Daniel Friedeberg
City: Berkeley
State: California
Lender type: Life Insurance Company
Property type: Office
Transaction type: Refinance
Loan amount: $30,000,000
TRANSACTION DESCRIPTION
Barry Slatt Mortgage President along with team members Kelvin Lam and Marina Elias recently closed a $30 million loan on an office property located in Berkeley, Ca. The property was financed with an aggressive 15 year fixed rate and a 30 year amortization.
The loan was placed with Barry Slatt Mortgage servicing correspondent, Thrivent Financial, because of their aggressive terms and relationship with the borrower. Barry Slatt Mortgage will be servicing the loan as part of their $3.7 Billion servicing portfolio.