First Mortgage Financing

in

Southeastern US

$18,500,000
Permanent loan in Southeastern US
January 6, 2021
Overview

The $18.5 million permanent loan package was used to refinance a 5-property, garden-style multi-family rental portfolio located in various suburban location across the Southeastern US. Individual 10-year permanent agency loans were coordinated as a single financing. Given the heavy administrative effort required to close agency loans, a tremendous amount of teamwork and effort between the Lender, the Sponsor, and the advisory team were required to resolve any issues that arose during Lender diligence and to advance through a laborious closing process.

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