Mediterranean Apartments
Henry Schwendiman and Sam McConkie refinanced this low leverage multifamily property in Los Angeles, California. The loan was made through a correspondent life insurance company who offered excellent terms, beating out the agencies.
El Cerrito Apartments
Henry Schwendiman and Sam McConkie refinanced this low leverage multifamily property in Los Angeles, California. The loan was made through a correspondent life insurance company who offered excellent terms, beating out the agencies.
Elk Run Multifamily
Henry Schwendiman & Sam McConkie provided permanent financing for this multifamily property in Magna, Utah. The borrower opted for a life company execution who beat the agencies on pricing and structure.
Millcreek Multifamily
Henry Schwendiman & Sam McConkie provided permanent financing for this newly built apartment project in Millcreek, Utah. The loan was funded before stabilization and allowed the borrower to pay off their floating rate construction loan early.
Oakbridge Student Housing
Henry Schwendiman & Sam McConkie successfully financed a student housing property at Utah State University. The new loan offers the borrower a very low fixed rate for 5 years with full term interest only payments.
Bennet Park
Henry Schwendiman, Sam McConkie, and Kenny Emery arranged a 223 (f) HUD loan for their client. The HUD loan provided the borrower many benefits, including a 35-year amortization and a lower-than-normal debt service coverage requirement. The lower debt service coverage ultimately increased loan proceeds above what other lenders could offer.
Sterling Pointe Apartments
We provided our client with a low interest rate, 15-year term loan on these apartments with an exclusive correspondent life company lender. The borrower was able to use loan proceeds to recapture equity after completing an exterior renovation on the apartment complex.
Triton Terrace Apartments
Henry Schwendiman and Sam McConkie financed this multifamily property located in Draper, Utah. The loan was made through a correspondent life insurance company which provided the borrower with a low fixed rate and flexible prepayment structure.
Fairview Crossing Apartments
Henry Schwendiman and Sam McConkie financed this multifamily property located in Boise, Idaho. The loan was made through a correspondent life insurance company which provided the borrower with a low fixed rate and flexible prepayment structure.
Windmill Cove Apartments
Henry Schwendiman and Sam McConkie refinanced this beautiful multifamily property in Sandy, Utah. The loan was made through a correspondent life insurance company. The interest rate was locked at application which protected the borrower from a significant movement in interest rates.