June 29, 2020

Please reload

Recent Posts

McBride Capital secures financing for The Bakery Blocks in Portland, OR

October 3, 2019

1/6
Please reload

Featured Posts

Parc Central: HUD 223(f) refinance

February 23, 2019

McBride Capital recently closed the refinance of Parc Central in Vacouver, WA. The 151-unit multifamily property was refinanced utilizing the HUD 223(f) loan platform. The loan features a rate that is locked below 4.0% for a 35-year fully amortizing term. The loan also returned a significant amount of equity back to our client.

 

 

Parc Central was built in 1972 and extensively renovated between 2015 and 2017, allowing it to qualify for Green Energy Certification and a reduced MIP of 0.25%. The client has been a client of McBride Capital for more than a decade and we enjoy a close relationship with their team, making the HUD process significantly easier.

 

The loan was originated by Ken McBride and Sabrina Snow.

Share on Facebook
Share on Twitter
Please reload

Follow Us
Please reload

Search By Tags