$1,500,000 | Refinance | Multifamily Portfolio | Greenville, SC
July 16, 2019
$2,656,000 | Refinance | Multifamily | Greenville, SC
February 18, 2019

$1,400,000

Cash-out Refinance | Multifamily | Robertsdale, AL

Aline Capital, LLC JUST CLOSED cash-out refinance financing of a 24-unit multifamily property in Robertsdale, AL. The team, led by Managing Director Scott Williams, secured a non-recourse loan with a 30-year term along with 2 years of interest only payments followed by a 30-year amortization under the Fannie Mae Small Balance Loan program. The Borrower performed an excellent value-add job after acquisition and then stabilized operations over a couple years, which allowed for a cash out on their investment with a 75% LTV loan. For more information, please contact info@alinecapital.com.