Hillpointe Secures $43.1 Million Refinance Loan From Josh Hoffman & Jonathan Pomper In Brunswick GA
3500 Grand Pointe Way
$43,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 10, 2025
AI
The property asset involved is a multi-family apartment community located at 3500 Grand Pointe Way in Brunswick, Georgia. The community comprises 264 units and has been refinanced with a loan amount of $43,100,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $43,100,000
- Address: 3500 Grand Pointe Way
- Market: Brunswick, GA
- Number of Units: 264
- Loan Type: Refinance
- Lender: Josh Hoffman & Jonathan Pomper - Dwight Capital
- Landlord: Hillpointe
This transaction involved Hillpointe obtaining a $43.1 million HUD loan to refinance its apartment community, which benefited from a green mortgage discount due to its eco-certification.
Players
Brunswick MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93