Top California Lender Closes $31.5 Million Acquisition Loan for Multifamily Asset in Burlington, Vermont

Top California Lender Closes $31.5 Million Acquisition Loan for Multifamily Asset in Burlington, Vermont

Burlington, VT – November 25, 2025 – Top California Lender has successfully closed a $31.5 million acquisition loan for a 203-unit multifamily property located in the heart of Burlington, Vermont, marking another milestone in the firm’s continued expansion across key U.S. multifamily markets.

The two-year loan structure features one year of interest-only payments, providing the borrower with enhanced cash flow during the initial stabilization period. This will be followed by a three-year amortization schedule, offering a balanced long-term financing solution customized to the asset’s performance trajectory.

The property is positioned within a vibrant neighborhood surrounded by tree-line streets, local cafés, boutique shops, and everyday conveniences. Residents benefit from proximity to community parks, Lake Champlain waterfront activities, and Burlington’s well-known cultural and dining destinations. The location also provides easy access to major commuter routes, making it appealing to both working professionals and families.

The Burlington asset consists of well-maintained mid-rise buildings offering spacious studio, modern interiors, updated kitchens, and in-unit laundry. Community amenities include a fitness center, resident lounge, landscaped outdoor areas, pet-friendly features, and ample parking.

“This transaction demonstrates our commitment to providing flexible, competitive financing solutions for institutional multifamily investors,”

said Jerry Dean, CEO of Top California Lender.

Top California Lender remains a leading capital provider for value-add, stabilized, and opportunistic multifamily acquisitions nationwide. For more information about Top California Lender’s loan programs, including Rehab/Renovation Loans, Construction Loans, Bridge Loans, Commercial Acquisition Loans, and Change of Use Loans, visit www.topcalifornialender.com or contact info@topcalifornialender.com.

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