Atherton Trust Saves Client Hundreds of Thousands of Dollars In Interest Cost.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif. -- Atherton Trust, a Redwood City California based Real Estate Wealth Management company, has successfully refinanced $14 million of debt on an investment real estate portfolio. Atherton Trust is the leader in real estate wealth management offering a comprehensive array of services to institutional and private client real estate investors A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. . "This refinancing was a challenge due to the way the previous trustees managed the portfolio of properties," stated Kraig Kast, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Atherton Trust. Working closely with Kari Noomen, one of the top three Senior Multi-family Lending Consultants at Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU. Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association. , Atherton Trust was able to help reconstruct financial records, develop a renovation plan, improve property management, structure loans based on projected hold periods and save hundreds of thousands of dollars in loan interest costs verses the previous loans. Stated Noomen, "The property's financial information was not in order so that we could quickly fund these loans. With the help of Atherton Trust, we were able to gather the needed financials, do the appraisals and fund the renovations before rates increased. Atherton Trust also helped resolve issues that created a hold back." Kast added, "Our real estate wealth management plan is working, and occupancy has dramatically improved over the last few months, thereby improving cash flow. By combining our real estate wealth management expertise with Kari Noomen's lending skills, the portfolio is now producing the anticipated return for the family." About Atherton Trust Company: Atherton Trust is the leader in real estate wealth management. With offices in the 25 largest metropolitan areas of the country and over 300 estate and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against experts, tax strategists, financial analysts, investment and lending professionals, portfolio managers, real estate brokers and property managers in its Atherton Investment Advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and group, and research and family advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal departments, Atherton Trust provides the world's most comprehensive real estate wealth management services. About Washington Mutual: Washington Mutual is one of the nation's leading consumer and small business banks. At September 30, 2006, Washington Mutual and its subsidiaries had assets of $88 billion. The company was established in 1889 and currently operates more than 2,600 consumer and small business banking stores and 3,700 ATMs throughout the nation. |
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