REBusinessOnline

COHEN FINANCIAL SECURES $28.4 MILLION FOR FOUR-PROPERTY MF PORTFOLIO

ALAMEDA, SAN FRANCISCO AND NOVATO, CALIF. — Cohen Financial has secured four DUS loans totaling $28.4 million for a 261-unit multifamily portfolio in Northern California. The portfolio consists of two properties totaling 103 units in Alameda, a 100-unit property in San Francisco and a 58-unit property in Novato. Kenneth Fox of Cohen’s San Francisco office originated the transactions and secured the competitively priced, fixed-rate financing. The lender was Greystone Financial Group. The borrower was an undisclosed San Francisco-based apartment investor.

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