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.