2 Multifamily Property – Cash Out

Fullerton, CA


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place debt on the refinance and cash out of 2 multifamily properties.

Property Description

The two assets are both located on the same street in Fullerton, CA. They are extremely similar consisting of 6 units across 4,500 square feet each.


The sponsors inherited a real estate portfolio from their father who began investing in real estate after selling his business.


  • The sponsors didn’t know much about investing, and the properties weren’t being professionally managed.


  • Funding secured with an international bank that was able to give the sponsors good terms.
  • Tauro was able to act as a mentor.
  • The sponsors found a property manager.


  • Loan to Value: 65%
  • Interest Rate: 4.25%
  • Amortization: 30 years
  • Term: 10 years
  • Recourse: Carve-outs
  • Prepayment: Step-down

Managing Director  | Capital Advisor