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SMG Capital Holdings, Inc.
Unit Multifamily Refinance
Los Angeles, CA
SNAPSHOT
LOAN AMOUNT: $17,100,000
LOAN TYPE: Refinance / Cash-Out
LTC: 72%
ASSET: Multifamily
- Fixed Rate
- Required funds for another multifamily project
- Allowed owner to pay towards closing out an existing line of credit
- Limited recourse
- 97% Occupied
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