Lincoln Property Lands M Refi of West LA Office Campus

Lincoln Property Lands $65M Refi of West LA Office Campus

Lincoln Property has landed a $65 million loan to refinance a six-building office and retail campus in Ladera Heights. An affiliate of the Dallas-based investor secured the five-year, fixed-rate loan from Deutsche... Read more »
MMCC Arranges Bank Refi for Garden Grove Apartments

MMCC Arranges Bank Refi for Garden Grove Apartments

Marcus & Millichap Capital Corporation (MMCC) arranged $5,000,000 for the refinancing of Larson Apartments, located at 8101 Larson Ave. in Garden Grove. Ron Balys, SVP, capital markets, based out of MMCC’s Orange... Read more »
MMCC Arranges Bank Refi for Garden Grove Apartments

Gantry Arranges $28M Refi on Fully Leased Torrance MOB

Gantry secured a $28-million permanent loan to refinance the Torrance Memorial Lundquist-Lurie Cardiovascular Center located at 2841 Lomita Blvd. in Torrance. The three-story, 65,000-square-foot medical office building is 100% leased for use by physicians and... Read more »
MMCC Arranges Bank Refi for Garden Grove Apartments

X-Caliber Affiliates Provide $122M Refi on Historic Long Beach Hotel

X-Caliber Funding, a national, direct commercial real estate lender, and CastleGreen Finance, an X-Caliber affiliate that provides capital through Commercial Property Assessed Clean Energy (C-PACE) financing, completed the refinance of the Fairmont... Read more »
Fannie Mae clarifies ARM interest rate, ups cash-out refi term on manufactured homes

Fannie Mae clarifies ARM interest rate, ups cash-out refi term on manufactured homes

The Fannie Mae February Selling Guide has a series of updates, including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for manufactured homes, and updates... Read more »
Mortgage apps uptick spreads optimism on a refi recovery

Mortgage apps uptick spreads optimism on a refi recovery

Mortgage rates at their lowest level in three weeks led to an increase in borrowers’ demand for home loans last week, spreading some optimism in the industry in the first few weeks of... Read more »