Multifamily

Loan Highlights

  • Location: Raleigh, North Carolina
  • Product Type: Multifamily
  • Loan Amount: $4,650,000

Description

Multifamily

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
Cheyanne HarringtonNovember 5, 20190 comments