Class A Apartment Building
Phoenix, AR
SNAPSHOT
LOAN AMOUNT: $57,000,000
LOAN TYPE: Construction Loan
LTC: 70%
ASSET: Multifamily
INSIGHTS:
SMG secured a $57,000,000 construction loan for an upscale apartment community in
in Phoenix, AR. A local bank provided the 5-year floating rate loan. We recenlty launched
a new value-add program for multifamily.