PROGRESS CAPITAL | Starkville, MS – $7,000,000
19183
portfolio_page-template-default,single,single-portfolio_page,postid-19183,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-2.7,wpb-js-composer js-comp-ver-5.4.7,vc_responsive

Starkville, MS – $7,000,000

Category
Multi-Family
About This Project

$7 Million Refinance Secured for Mississippi Multifamily Community

 

Starkville, MS– Abe Mann secured $7,000,000 to refinance a 230-unit residential community located in Mississippi. Situated on 10 acres, the property was developed in 1975 and acquired by the current owners in 2016. They approached Abe to refinance their current debt which provided an uncompetitive interest rate via a private note. Abe was successful is securing a rate of 3.95% fixed for 12 Years, with an Interest Only period and 30-year amortization thereafter.

 

Progress Capital is a commercial real estate advisory company serving clients since 1990.  With over $40 Billion in closed loans and $150 Million of directly funded bridge loans, we will get you to the closing table… Plain and Simple.  #thatsProgress