Aerial view of an apartment community surrounded by dense trees, featuring multiple residential buildings, landscaped grounds, roads, and parking areas.
Loan Amount
$13,390,000
Financing Type
Private Debt Fund
Property Type
Multifamily
Alabama Portfolio

Acquisition Bridge Loan

Elowen Capital arranged $13,390,000 in two-year interest-only bridge loans through a private debt fund to support the acquisition and renovation of a six-property affordable housing portfolio across Alabama and Mississippi. The funds will be used to significantly improve the properties, stabilize the tenant base, and improve operations.