CASE STUDY: Bull Run Apartments

  THE PROPERTY The Bull Run Apartments are a 13-unit garden-style complex in Fayetteville, NC. The 2.79-acre four-building community was built in two phases, with the first two buildings completed in 1978 and the last two in 1989. Nestled in a quiet residential neighborhood, the property is nine miles from Fort Bragg and minutes from…

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CASE STUDY: Wyndfall Apartments

  THE PROPERTY Wyndfall Apartments are a 56-unit garden-style complex in Hope Mills, NC. The 5.15-acre seven-building community was completed in 1998 and is nestled in a quiet residential neighborhood. The property offers all 2-bedroom units, each with approximately 1,280 square feet of living space. Located within the Fayetteville MSA, Wyndfall Apartments are 15 miles…

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$2 Billion Total Loan Volume

We hit a new milestone this year and we can’t wait to share the news! The closing of our 213th loan pushes us over the edge, allowing us to surpass $2 billion in total loan volume closed! “We are positioning ourselves to expand into new markets, but also further into the South, Midwest and Mid-Atlantic,”…

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Clemons Lofts Deal Further Expands Sweetwater Capital’s Reach

Sweetwater Capital is continuing to strengthen its first quarter with the loan closing of Clemons Lofts, a six-story, mixed-use building in downtown Chattanooga, Tennessee. “The borrower was shaking up the status quo by taking a stabilized multifamily property and converting it to a short-term rental property,” said Scott Yerkes, Sweetwater Capital vice president. “Without existing…

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Looking Forward to 2018

Read through Jackson Howard’s responses to what 2018 holds for commercial real estate investors and lending strategies with the new year. 1. What is the biggest challenge you anticipate in 2018 as a direct lender or financial intermediary in commercial real estate? Where do you see the biggest opportunity for your company in 2018? Toward…

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Construction Dollars Are Vanishing in Today’s Commercial Lending Landscape

Regulators, including The Federal Reserve, have put pressure on commercial banks to reduce the amount of construction loan dollars available to commercial real estate developers.  Yet the demand for new construction lending remains strong.  Developers want to see their visions come to fruition, thus alternative solutions are essential in order to fill this void left…

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Green Building? Save Green

Recently, Fannie Mae announced new programs to promote green building in the multifamily industry. The Fannie Mae Green Initiative can be used to increase loan proceeds and lower the interest rate on your loan. For years green building requirements have been far too costly to be practical, but the new requirements for green designations are…

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