107 Unit Apartment Portfolio

Location: Warren, MI
Loan Amount: $4,000,000
Term: 30 Years
Amortization: 30 Years
Execution: Life Company

Refinance on Two Apartment Communities

District Capital closed a $4MM cash-out refinance loan on two apartment communities totaling 107-units located in Warren. The loan was closed with a correspondent life company and featured a 30-year term and 30-year amortization schedule.

Multi Asset, Multi-family Multiple States $150,000,000 Credit Facility

Multiple States

Senior Living Katy $25,000,000 Bridge-to-Agency

Katy, Texas

CBD Office Tower Detroit $40,000,000 Bridge

Detroit, MI

Assisted Living Chesterfield $10,000,000 Bridge-to-HUD

Chesterfield, MI

Multi-Family Detroit $30,451,900 Permanent

Detroit, MI

Class A Multi-Family Grand Rapids $44,500,000 Permanent

Grand Rapids, MI

Power Center Traverse City, MI $32,100,000 Non-Recourse

Traverse City, MI

Multi-Family Atlanta, GA $25,700,000 Construction

Atlanta, Georgia

Multi-Family Mid-Michigan $8,500,000 Permanent

Mid-Michigan

107 Unit Apartment Portfolio

Refinance on Two Apartment Communities

January Capital Markets Updates

Life Company vs Bank Financing

Neil Gorosh Joins the District Capital Team