Apartment community leasing office building with palm trees, resident parking area, and landscaped exterior.
Loan Amount
$18,056,000
Financing Type
Private Debt Fund / Joint Venture
Property Type
Multifamily
North Augusta, SC

REO Purchase / Lender JV

Elowen Capital was engaged by a lender on two foreclosed properties located in South Carolina. Elowen successfully negotiated the funding to transfer the assets to a client with a combination of new debt and equity upside for the lender.