SF Capital Group Arranges $32M Acquisition Loan for Michigan Multifamily Property

SF Capital Group closes $32 million acquisition loan for multifamily property in Shelby Township

SF Capital Group closed a $32 million acquisition loan for a 368-unit multifamily property in Shelby Township, Michigan. The transaction was originated by Ryan Denomme and structured as a non-recourse bridge loan featuring three years of interest-only payments and future funding commitments. The flexible loan structure gives the sponsor the runway needed to execute their property improvement and unit renovation plan without the burden of personal

SF Capital Group Arranges $32M Acquisition Loan for Michigan Multifamily Property

SHELBY TOWNSHIP, MICH. — SF Capital Group has arranged a $32 million loan for the acquisition of a 368-unit multifamily property in Shelby Township. Ryan Denomme of SF Capital arranged the nonrecourse bridge loan, which features three years of interest-only payments and future funding commitments. The undisclosed borrower plans to execute a property improvement and unit renovation plan.   The post SF Capital Group Arranges $32M Acquisition Loan …