This structured transaction involved a high profile multi-family apartment building located in the central portion of San Francisco, CA.  The experienced borrowers had strict requirements regarding a quick closing, non-recourse, low floating-rate and a capped ceiling on rate.  Mortgage banker Simon Wong procured the loan through an agency lender at a coupon of 260bps priced over the 1-month LIBOR with a capped rate of 6.25% for the life of the loan.  Barry Slatt Mortgage was able to secure financing to meet and exceed all of the borrower's expectations.

For additional information regarding this transaction please contact the originating banker: Simon Wong