Not exact matches
According to the ULI the Trepp
rate is what large institutional borrowers could expect to pay on a 10 year fixed
rate, less than 60 % LTV
loan for a «crème de la crème» core
apartment property located in a gateway
market.
«The suburban Chicago
apartment market has been accelerating and more borrowers are looking to lock in favorable, long - term
loan rates, which we were able to deliver for both properties.»
The
loan was used to refinance an existing
loan on the property, which consists of 250 Section 8 senior housing
apartments, 28
market rate apartments and six ground - level retail stores.
Franklin, Tenn. — Greystone has provided a $ 40.4 million HUD
loan to refinance Viera Cool Springs
Apartments, a 469 - unit
market -
rate townhome community located in Franklin, Tenn..
Centerline Capital Group, a provider of real estate financing services for
market -
rate and affordable multifamily housing has recently provided a $ 10.4 million Freddie Mac conventional
loan to refinance Cedar Pointe
Apartments, a 210 - unit multifamily asset in the Greater Nashville Area.