$13.2M Multifamily Refinance Closes in Kentucky
Referred by an existing client, Sweetwater Capital set out to place permanent financing for this 160 unit multifamily property in late 2019. Looking to achieve $12.2MM loan amount, we had a few hurdles to jump through to close the deal. First, we needed to raise the occupancy and revenue. We introduced the borrower to a…
Cincinnati Multifamily Space Keeps Pace with City Growth
The greater Cincinnati area is among the strongest economies in the region based partly on its population growth. According to the Federal Reserve Bank of Cleveland, jobs grew 2.2 percent from last year, a faster pace than most of the country. This drops the unemployment rate to a 17-year low. Trade, transportation, utilities, hospitality &…
$43MM Refinance at 4.015% Interest Rate
$43MM Refinance at 4.015% Interest Rate for South Carolina Multifamily Asset