$43MM Multifamily Property Recapitalization|GA, AL & MS

Placed a fixed-rate permanent loan to recapitalize three garden apartment rental communities – totaling 604 units – located in Covington, GA, Dothan, AL and Robinsonville, MS.

Challenges

Client desired to repatriate capital while retiring a bridge loan prior to completing the full value-add turnaround strategy. Furthermore, the well-performing properties were located in tertiary submarkets.

Aruyel Nurbekova

JUNIOR ANALYST

Email

anurbekova@eyzenberg.com

D: (305) 995-0777

Alexei Muniak

ORIGINATOR

Email

amuniak@eyzenberg.com

D: (305) 995-0777 ext. 309
C: (917) 536-1057