Acquisition | Multifamily | Clarkston, GA | Aline Capital
$16,625,000 | Acquisition | Multifamily | Clarkston, GA
January 30, 2019

$2,656,000

Refinance | Multifamily | Greenville, SC

Aline Capital, LLC JUST CLOSED refinance financing of an 82-unit multifamily property in Greenville, SC. The team, led by Managing Director Scott Williams, secured a non-recourse loan with a 7-year fixed rate that allowed for 1 year of interest only payments followed by a 30-year amortization under the Freddie Mac Small Balance Loan program. The loan was made at 75% LTC, allowing the Borrower to cash out approximately 25% of their invested capital in just 12 months of ownership. For more information, please contact info@alinecapital.com.