Grand Junction Apartments
Zac Barber provided financing on this Colorado Apartment project. We were able to provide borrower with 5 years interest only with 10 year loan term and 30 year amortization and a mid 3% interest rate. The loan helped the borrower take out his existing construction debt in the middle of the Covid pandemic with superior […]
Wyoming Apartments
Zac Barber provided financing on this Wyoming Apartment project. We were able to provide a 15 year interest only term on this multiple phase project in Casper Wyoming. We were also able to provide a very low interest rate for that 15 year period.
Bountiful Apartments
Zac Barber provided his client financing on apartments located in Bountiful, Utah. The client ended up with a very favorable interest rate and terms.
Provo Apartments
Zac Barber refinanced a Multifamily property in Provo, Utah. Zac was able to secure maximum leverage for his client at a very attractive interest rate.
14-Unit Apartment Property
The Multifamily team helped a client secure their first Agency (Freddie Mac Small Balance) loan in their portfolio. This loan was on the right on the cusp of qualifying for Agency financing and the underwriting process was extensive. Ultimately with copious cooperation from the borrower, we delivered higher loan proceeds at a lower interest rate […]
Cedar City Apartments
We helped our borrower secure financing in tertiary market for an older apartment project. We were able to provide max leverage terms for our client. This property had recently fallen out of contract with a previous buyer. We helped our client move in and purchase it quickly.
Eccles Van Buren Portfolio
The Multifamily team provided acquisition financing for this 3 building, 28-unit Multifamily property in Ogden, Utah. We helped the client secure their first conventional multifamily loan. We were able to secure a low interest rate, high leverage loan through a local credit union for this investor.
South Jordan Apartments
We were able to help an existing client refinance their 55+ senior apartment community. BREC provided a 15 year term with 7 years interest only on a 30 year amortization.?
20-Unit Apartment Property
The Multifamily team successfully sourced and closed Acquisition Financing for this 20-unit Apartment Property located in Salt Lake City, Utah. We are grateful for the opportunity to be of service and provide such great terms on this deal.
Brigham City Apartments
We were able to provide our client a 10 year term with a 30 year amortization for their refinance of this multifamily asset. We were also able to provide a very flexible prepayment provision allowing the client to prepay at anytime for 1% of the current loan balance. The interest rate and terms were very […]