$13.5 million dollars. 4.33% interest rate. 3 years interest only.
2019 begins with the placement of a $20.5M construction loan for a new multifamily property in Burlington, NC
Sourcing debt can be overwhelming & stressful. Watch this video to learn how a commercial mortgage broker can give you the advantage in finding the best financing in the market.
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There is a process to use the same initial investment to build apartment communities over and over again, utilizing a refinancing strategy used by Serial Multifamily Developers. My team works closely with developers of apartment communities to obtain construction loans with banks and permanent loans through Fannie Mae and CMBS “Conduit Lenders”. Our expertise is…