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$2,910,000

For Carleton Terrace
in Prescott, AZ

Financing Type: Acquisition
Property Type: Multi-Family
Term: 10 Years
Amortization: 30 Years

Transaction Contacts

  • Adam Parker
    Phoenix Office
    (602) 374-2100

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

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Multi

The borrower’s loan request included maximum leverage with a flexible prepayment structure. Newmark was able to convince the lender to lock the interest rate below 4.0% in early February 2018, even though the closing didn’t occur until late May 2018.

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