Revere Capital funded a $4,650,000 loan secured by a first lien on 16-unit, 49-bed multifamily property located in Raleigh, NC. Proceeds were used to acquire the property.
- Proceeds enabled the Sponsor to acquire the Property in an expedited time frame
- Property is located in the booming Raleigh market and in close proximity to NC State University
- Transaction closed in under 20 days