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$8.6M Acquisition Financing Secured for 88-Unit Charleston-Area Community with Full Tax Abatement
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$8.6M Acquisition Financing Secured for 88-Unit Charleston-Area Community with Full Tax Abatement
JLL Capital Markets announced that it has arranged $8.567 million in acquisition and renovation financing for Treehaven Apartments, an 88-unit garden-style multifamily community in Summerville, South Carolina. JLL represented the borrower, Prospect Lane, in arranging a five-year, fixed-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac […] The post $8.6M Acquisition Financing Secured for 88-Un…
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