Multifamily

Loan Highlights

  • Location: Austin, TX
  • Product Type: Mulifamily
  • Loan Amount: $3,500,000

Description

Multifamily

  • Revere Capital funded this $3.5 million loan secured by a first lien on a 41-unit multifamily property in Austin, TX
  • Proceeds were used to acquire the property and for capital improvements to the units
  • The property is over 90% occupied and is located in an up-and-coming area of Austin
  • Transaction closed in under one month

 

Cheyanne HarringtonAugust 5, 20200 comments