Red Oak Capital Holdings Provides $10.2M Bridge Loan To Fairfax Holdings LLC For Chateau Glen Oaks Apartments

The property asset involved in this transaction is a multifamily residential development located at 412 Fairfax Drive in Fairfield, AL. The asset consists of 230 units. A bridge loan of $10,200,000 was secured to facilitate the acquisition and repositioning of the property known as Chateau Glen Oaks Apartments.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $10,200,000
• Lender: Red Oak Capital Holdings
• Landlord: Fairfax Holdings LLC
• Brokers: Chris Litzler - Marcus & Millichap
• Loan Type: Bridge
• Transaction Date: 03/24/2026

This deal was represented by broker Chris Litzler from Marcus & Millichap, who facilitated the transaction on behalf of Fairfax Holdings LLC as the landlord. The involvement of Red Oak Capital Holdings as the lender underscores the financial backing secured for the project's development and repositioning goals.