Aerial drone view of a Shadowood apartment building with balconies, landscaped grounds, sidewalks, and nearby resident parking spaces.
Loan Amount
$6,869,000
Financing Type
Private Debt Fund
Property Type
Multifamily
Laurel, MS

Acquisition Bridge Loan

Elowen Capital arranged a two-year interest only bridge loan to support the acquisition and renovation of a 112-unit multifamily property in Laurel, MS. The funds will be used to significantly improve the properties, stabilize the tenant base, and improve operations.