Los Robles Mobile Home Park
Advisors:
City: Novato
State: California
Lender type: Life Insurance Company
Property type: Mobile Home Park
Transaction type: Refinance
Loan amount: $15,000,000
TRANSACTION DESCRIPTION
Barry Slatt Mortgage Principal, Kenneth M. Fox, CCIM, recently successfully closed on an $15,000,000 loan secured by a 213 space mobile home park located in Novato, California. The subject refinance featured a competitively priced 10-year fixed rate term amortized over 25 years. Kenneth placed the financing through a correspondent insurance company relationship of Barry Slatt Mortgage. Barry Slatt Mortgage will be servicing this loan as part of its $3.8+ billion portfolio.