Apartment

Loan Production

Apartment

$53,000,000
/ Construction & Mini-Perm
The Quaye at Wellington

Wellington, FL
3 Year Construction Term with Interest Only Pay based on the prevailing Prime Rate
2 Year Mini-Perm Option with P&I Pay based on a 30 year amortization schedule

A 350-unit Class “A” Green Apartment community

$28,200,000
/ Refinance
Fairway Vista

West Palm Beach, FL
5 Year Term
30 Year Amortization

250 unit luxury apartment complex situated on a 8.74 acre site

$8,000,000
/ Acquisition
Aswan Village Apartments

Opa Locka, FL
10 Year Term
30 Year Amortization

A 216 unit, Class B Low Income Housing Tax Credit rental community containing 201,636 Rentable SF. The project was built in 2003 & 2005 and is situated on a 8.96 Acre parcel.

$3,600,000
/ Refinance
Poinsettia Club Apartments

West Palm Beach, FL
10 Year Term (2 Years I/O & 8 Years P&I)
25 Year Amortization

Apartment complex consisting of two 3 story apartment buildings containing a total of 72 units located on the western edge of the Intracoastal Waterway

$2,000,000
/ Refinance
Pershing House Apartments

West Palm Beach, FL
10 Year Term
25 Year Amortization

A fifty-five (55) unit, Class C apartment complex comprised of one (1) three-story and one (1) single-story building containing approximately 25,000 SF situated on a 0.24 Acre parcel.

$1,750,000
/ Refinance
Essex House Apartments

West Palm Beach, FL
10 Year Term (2 years I/O, 8 years P&I)
30 Year Amortization

An eighty-nine (89) unit, Class C apartment complex comprises of four (4) two-story and one (1) three-story buildings containing approximately 65,200 Rent.

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