58 Million Dollar Multi-Family Loan Closed in 30 Days
RECENTLY FUNDED TRANSACTION: Pasadena, CA
Loan Amount: $58,300,000
Loan Purpose: Purchase
Property Type: 351 Unit Apartments
Opportunity: A strong corporate tenant with a 1031 exchange selling a multi-family property to purchase commercial out of state. A low LTV, all expenses paid by the tenant, and easy cash flow for the buyer. Property closed with minimal conditions or requirements.
For more information call: (877) 585-FUND (3863)
Fidelity Bancorp Funding is an Orange, California-based firm providing mortgage options to meet the long-term needs of clients of all ages and scenarios, including Realtors, homebuyers and investors. Founded in 2000, the firm is dedicated to superior standards and best practices, and recently surpassed $9 billion in funding provided nationwide. Fidelity Bancorp Funding specializes in assisting homebuyers or those in complex situations or who need alternative options such as bridge financing to help ensure that they get the deal they want.
