Loan Amount
$8,500,000
Financing Type
Bank Loan
Property Type
Multifamily
Sylacauga, AL

Refinance Permanent Loan

Elowen Capital arranged a 5-year fixed rate loan through a local Alabama based bank for the refinance of 98-unit multifamily property located in Sylacuga, AL. The loan refinanced an existing interest-only bridge loan, provided a return of capital to investors, and supplied future funding for capital improvements.