Detroit Multifamily

The portfolio consists of three multifamily properties totaling 281 units and approximately 238,000 SF located in the suburbs of Detroit, Michigan, in dense, working class areas with high average occupancy and little or no crime.

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  • Property Type Multifamily
  • PurposeRefinance
  • Gross Annual Coupon11.00%
  • Loan Amount$8,800,000
  • Loan to Value59.6%
Location

Detroit, MI

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