Financing Amount:
Cash-out Refinance
Capital Source:
Transaction Details:

Tower Capital recently financed a 23 home single family rental portfolio on behalf of a current client and active California-based commercial real estate investor in the Phoenix metropolitan area. The new financing arranged by Tower Capital allowed the borrower to pay off all of their existing lenders under a single purpose entity that created one, more convenient, loan payment at a lower overall interest rate. The loan also provided the borrower with approximately $800,000 cash out to be applied towards other investment opportunities.

Unlike many securitized loan products that are available today for single family aggregate transactions, the financing secured by Tower offers a lower fixed rate, with less fees, and no prepayment penalty, providing the borrower with flexibility to sell off the assets individually at any time during the loan term.

recent transactions


15333 N. Pima Road
Suite 375
Scottsdale, AZ 85260
AZ CMB-0928926


2626 Cole Ave
Suite 300
Dallas, TX 75204

Los Angeles

1801 Century Park East
24th & 25th Floors
Los Angeles, CA 90067
CA DRE-02237859
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