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Cypress Lofts

4901 Knollwood Road

Loan Amount

$8.55M

Deal Description

The client was in contract and intended to close with an agency loan, but the lender was short on proceeds. We brought a bank deal that offered more loan proceeds by underwriting to an IO period. We closed within 45 days.

Property Location

4901 Knollwood Road

 Quick Stats 
Partner Type

Credit Union

Program Type

Multifamily acquisition / Refinance

Program details

Acquisition
LTC: 65%
Rate: 6% fixed
Term: 3+1+1
IO period: 3 years
Partial recourse

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NY Office
405 Lexington Ave, New York, NY, United States

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info@kayfinance.com  |  Tel: 212-203-0135

Israel Office 

Ha Gavish 4, Netanya, Israel 

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info@kayfinance.com  |  Tel: 212-203-0135

South Africa Office
27 Boland Way, Durbanville, Cape Town, SA

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info@kayfinance.com  |  Tel: 212-203-0135

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