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Hillpointe Secures $43.1 Million Refinance Loan From Josh Hoffman & Jonathan Pomper In Brunswick GA
FINANCED
$43,100,000
Georgia
See Similar DealsMultiFamily
Financed 06/10/2025
FINANCED
Hillpointe Secures $43.1 Million Refinance Loan From Josh Hoffman & Jonathan Pomper In Brunswick GA
3500 Grand Pointe Way
See Similar DealsMultiFamily
Financed 06/10/2025
Summary
GEORGIA
Asset Type:MultiFamily
Transaction Type:Loan
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
LENDER
LENDER
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$43,100,000.00
Monthly NOI$287,333.33
Monthly Debt Service$272,421.32
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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