OC APARTMENT PORTFOLIO RECEIVES $10.2M

by admin

NEWPORT BEACH, CALIF. – A 182-unit Orange County multifamily portfolio has received $10.2 million in Fannie Mae DUS loans that will be used to refinance the properties. The interest-only, fixed-rate loans boast a 10-year term and 30-year amortization period. The loan loans were arranged for the borrower, David Hurwitz, by Kristen Croxton and Greg Reed of Beech Street Capital’s Newport Beach office.

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