Red Oak Capital Holdings has granted a $5.8 million bridge loan for the Hawaii Avenue Apartments, an affordable housing property located at 89 & 93 Hawaii Avenue Northeast, Washington, D.C. This multifamily property has been financed by Gary Bechtel of Red Oak Capital Holdings.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,800,000
• Lender: Gary Bechtel - Red Oak Capital Holdings
• Loan Type: Bridge

The Hawaii Avenue Apartments, an affordable housing property in Washington, D.C., has received a $5.8 million bridge loan from Red Oak Capital Holdings. Gary Bechtel, representing Red Oak Capital Holdings, facilitated the financing for this multifamily property.