Loan Amount
$16,720,000
Financing Type
Private Debt Fund
Property Type
Multifamily
Baton Rouge, LA

Acquisition Bridge Loan

Elowen Capital arranged a two-year interest only bridge loan to support the acquisition and renovation of a 328-unit multifamily property located in Baton Rouge, Louisiana. The funds will be used to significantly improve the properties, stabilize the tenant base, and improve operations.