What We've Done

Multi-Site Loan

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

Multiple Site Apartment Loan 

District Capital closes a Freddie SBL on a multi-family 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.