Nampa, Idaho Apartments
We helped our clients lock rate early at 70% occupancy on this apartment project. They were able to take advantage and obtained a much lower interest rate than if they had waited until after stabilization. Another unique aspect of this transaction, it was done with a 40 year amortization with a life insurance company.?
Meridian Apartments Phase II
Zac Barber provided financing for the phase 2 of this beautiful apartment project in Meridian Idaho. The term matched the expiration of phase 1 for an easy refinance of both phases at maturity.
Boise Office Building
Zac Barber placed debt with a life Insurance company on this well located Boise office building. He was able to offer a non-recourse, 10 year term with a 25 year amortization with a very low interest rate. Additionally, we provided a very flexible prepayment option at 1% for life of the loan.
The Junction @ Northbridge Industrial
Mike Preston & Jeff Simmons closed the loan on this Industrial property located in Jerome, Idaho. They were able to secure good terms for their repeat client
Carriage Crossing Apartments
Jeff Simmons & Shaun Jepsen helped their client secure a low-interest rate, non-recourse, long-term loan through a correspondent life insurance company.
Highland Springs Apartments
Jeff Simmons and Shaun Jepsen helped their client secure a low interest rate, non-recourse, long-term loan through a correspondent life insurance company.
Springs of Royal Oaks
Jeff Simmons & Shaun Jepsen helped their client secure a low-interest rate, non-recourse, long-term loan through a correspondent life insurance company.
Key Bank Financial Center
Mike Preston was able to secure non-recourse refinance proceeds for a repeat, premier client on a 12 story office tower in the heart of the Boise CBD. With Mike’s help, the client was able to defease an existing conduit loan, cash-out considerable proceeds to be able to be used towards other development opportunities and secure […]
Riviera Apartments
The Riviera Apartments in Idaho Falls is one of those classic value-add opportunities. The property had drifted into a state of condition with upside potential. The sponsors had substantial experience in the space, but this was their first multifamily syndication deal. Their legal counsel was adamant about securing a non-recourse debt, so agency money was […]
Northbridge Industrial
Jeff Simmons and Mike Preston refinanced this industrial property in Jerome, Idaho. They were able to secure good terms for their repeat client.