Talonvest Delivers .5 Million Multi-Family Bridge Loan

IRVINE, Calif., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc. and their long-time client, The Bascom Group, LLC, are pleased to announc...

October 10, 2022
9:10 AM

IRVINE, Calif., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc. and their long-time client, The Bascom Group, LLC, are pleased to announce the refinance of The Island Apartments, a 78-unit apartment community in Pico Rivera, CA. The garden style multifamily community is situated on 1.54 acres and provides residents a superior location with convenient access to premier retail centers, dining, entertainment venues, and employment hubs. The four-year floating rate financing priced at a low spread over SOFR with 24 months of interest only payments, a 12-month extension option, and prepayment flexibility was funded by a regional bank.

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