What We've Done
Ferndale, MI

Multi Site Apartment Loan


Location: Ferndale, MI
Loan Amount: $2,375,000
Term: 7 Years
Amortization: 30 Years with I/O
Execution: Freddie SBL

All Deals

Multiple Site Apartment Loan 

District Capital closes a Freddie SBL on a multifamily portfolio of 28-units, spanning three buildings in Ferndale, Michigan. The closing required multiple exemptions from Freddie Mac given the "scattered site" nature of the deal.

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