{"id":1004148778,"date":"2016-07-26T08:38:46","date_gmt":"2016-07-26T16:38:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004148778"},"modified":"2020-04-05T23:57:01","modified_gmt":"2020-04-06T07:57:01","slug":"cohen-financial-secures-66m-in-refi-and-acquisition-loans","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cohen-financial-secures-66m-in-refi-and-acquisition-loans\/","title":{"rendered":"Cohen Financial Secures $66M in Refi and Acquisition Loans"},"content":{"rendered":"

By Anca Gagiuc, Associate Editor<\/em><\/p>\n

\"Kenneth<\/a>

Kenneth Fox<\/em><\/p><\/div>\n

San Francisco<\/strong>\u2014Cohen Financial<\/a> has secured approximately $66.5 million for a San Francisco-based multifamily commercial real estate owner\/investor.<\/p>\n

Kenneth Fox, managing director in Cohen Financial\u2019s San Francisco office, originated $37.5 million to refinance a portfolio of nine properties located in Marin County and San Francisco. Another $29 million loan was closed for the acquisition of The Ridge Apartments, an apartment community located in Overland Park, Kan. The acquisition loan was originated with Wells Fargo, a Fannie Mae DUS lender.<\/p>\n

\u201cWe secured the refinancing<\/a> loans through four local\/regional banks at competitive interest rates with great speed to generate the equity required to close the acquisition of the Overland Park property and meet our client\u2019s June 30th<\/sup> close date,\u201d Fox said in prepared remarks. \u201cWe successfully prevailed on leverage points and low interest rates and pushed through to meet the targeted close date on the Ridge Apartments,\u201d he added.<\/p>\n

Image courtesy of Cohen Financial<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The refinancing of nine San Francisco properties helped close a multifamily acquisition loan in Kansas City. <\/p>\n","protected":false},"author":237,"featured_media":1004148779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,1592,13,21742],"tags":[],"class_list":["post-1004148778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-kansas-city","category-midwest","category-latest"],"acf":[],"yoast_head":"\nCohen Financial Secures $66M in Refi and Acquisition Loans - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cohen-financial-secures-66m-in-refi-and-acquisition-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cohen Financial Secures $66M in Refi and Acquisition Loans\" \/>\n<meta property=\"og:description\" content=\"The refinancing of nine San Francisco properties helped close a multifamily acquisition loan in Kansas City.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cohen-financial-secures-66m-in-refi-and-acquisition-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-26T16:38:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-06T07:57:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Fox_Ken_PRs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cohen-financial-secures-66m-in-refi-and-acquisition-loans\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cohen-financial-secures-66m-in-refi-and-acquisition-loans\/\",\"name\":\"Cohen Financial Secures $66M in Refi and Acquisition Loans - 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