Mortgage Brokerage – Gainesville, GA

CASE STUDY

Challenges

One of the principals was not a United States citizen.

Scattered site - single managed apartment complex located on two separate parcels roughly a quarter mile apart.

Very small market - Gainesville, GA has a population of roughly 39,000.

Loan Overview

Loan Type Acquisition
Loan to Value 75%
Property Type Multifamily
Property Size (Units) 34
Year Built 2006-2007
Loan Term 10 years
Loan Amortization 30 years
Interest Type Fixed Rate
Recourse Type Non-Recourse
Loan Status CLOSED

Institutional Execution Middle Market Focus