$2,300,000 Cash-Out Loan

Transaction Description:  Shahin Yazdi arranged the 100% cash-out refinance of a 40 Unit Multi-Family Property in Southern California. The high quality of the asset and borrower strength allowed GSP to streamline the loan process and arrange the loan in less than 45 days from application to close. The borrower required a self-liquidating loan that precluded all balloon risk. The loan is fixed for 5 years at 4.25% before converting to an adjustable rate for the remainder of the term.