Matthews™ Capital Markets Secures $116 Million Refinance Across Three Fresno Multifamily Properties
Transaction features non-recourse, fixed-rate loans in the low 6% range with five years of interest-only payments
FRESNO, CA — Matthews™ Capital Markets (MCM), a fully integrated and dedicated financing division of Matthews™, recently arranged $116,000,000 in financing across three multifamily properties located in Fresno, CA. Matthews™led the loan transaction.
The financing was structured for three separate loans totaling $116 million, each with five years of interest-only payments. The refinance generated significant cash-out proceeds while locking in fixed-rate debt in the low 6% range. All three loans were executed on a non-recourse basis, underscoring strong lender confidence in the borrower and market fundamentals.
The portfolio includes a 248-unit townhome community, a 476-unit multifamily property, and a 418-unit multifamily property, all strategically positioned within the Fresno market. The refinance provides the borrower with enhanced liquidity and the flexibility to continue executing on their long-term investment strategy.
MCM remains committed to helping clients navigate the evolving market conditions with tailored capital solutions. For more information, or to contact a Matthews™ specialized agent, please visit www.matthews.com.
ABOUT MATTHEWS™ CAPITAL MARKETS
Matthews™ Capital Markets (MCM) is a fully integrated and dedicated financing division of Matthews™. MCM provides capital solutions ranging from $500,000 to $100 million for all property types across the U.S.
