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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…
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 for South Carolina Multifamily Asset
Refinance provides large cash-out to borrower for new development
$13.5 million dollars. 4.33% interest rate. 3 years interest only.
We regularly find ourselves answering the same question “What do you do?”. Read our short post to learn about what our name, Sweetwater Capital, really means.
2019 begins with the placement of a $20.5M construction loan for a new multifamily property in Burlington, NC
We’re growing and evolving as a company. Capstone Capital is now Sweetwater Capital. Welcome!
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…