Sacramento Portfolio
Advisors:
Richard Davidson
City: Sacramento
State: California
Lender type: Life Insurance Company
Property type: Industrial
Transaction type: Permanent Loan
Loan amount: $34,500,000
TRANSACTION DESCRIPTION
Barry Slatt Mortgage’s Richard Davidson recently funded a 12 property portfolio of individual loans totaling $34,500,000. The properties consisted of nine industrial buildings and three office buildings. All of the properties were located in Sacramento, Ca.
The loan was placed with Stancorp Motgage Investors, LLC, one of Barry Slatt Mortgage’s insurance company correspondent lenders. Stancorp was chosen because of its structured underwriting, reputation for smooth and reliable process, and its ability to make separate individual loans. Barry Slatt Mortgage will be servicing the loans on this portfolio.
