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    Fannie Mae Provides $454M Refi For Seven Multifamily Assets in The West - GlobeSt

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    Fannie Mae provided $454 million in financing to refinance seven multifamily properties totaling 3,200 units across California, Colorado and Washington. The non-recourse loans ranged between $40-110 million each and had low fixed interest rates between 2.5-3.1% with 10-year terms. The refinancing will help the borrowers generate savings on their debt service costs which they can use to improve the properties and boost net operating income.

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    Fannie Mae Provides $454M Refi For Seven Multifamily Assets in The West - GlobeSt

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    ey_misc
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    Fannie Mae provided $454 million in financing to refinance seven multifamily properties totaling 3,200 units across California, Colorado and Washington. The non-recourse loans ranged between $40-110 million each and had low fixed interest rates between 2.5-3.1% with 10-year terms. The refinancing will help the borrowers generate savings on their debt service costs which they can use to improve the properties and boost net operating income.

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    Fannie Mae Provides $454M Refi for Seven Multifamily Assets in the West _ GlobeSt

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    Fannie Mae provided $454 million in financing to refinance seven multifamily properties totaling 3,200 units across California, Colorado and Washington. The non-recourse loans ranged between $40-110 million each and had low fixed interest rates between 2.5-3.1% with 10-year terms. The refinancing will help the borrowers generate savings on their debt service costs which they can use to improve the properties and boost net operating income.

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    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    11 views2 pages

    Fannie Mae Provides $454M Refi For Seven Multifamily Assets in The West - GlobeSt

    Uploaded by

    ey_misc
    Fannie Mae provided $454 million in financing to refinance seven multifamily properties totaling 3,200 units across California, Colorado and Washington. The non-recourse loans ranged between $40-110 million each and had low fixed interest rates between 2.5-3.1% with 10-year terms. The refinancing will help the borrowers generate savings on their debt service costs which they can use to improve the properties and boost net operating income.

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    Fannie Mae Provides $454M Refi for Seven Multifamily Assets in the W... https://www.globest.com/2020/10/08/fannie-mae-provides-454m-refi-for...

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    By Erika Morphy | October 08, 2020

    1 of 2 10/8/2020, 1:12 PM
    Fannie Mae Provides $454M Refi for Seven Multifamily Assets in the W... https://www.globest.com/2020/10/08/fannie-mae-provides-454m-refi-for...

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