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3500 Grand Pointe Way

Hillpointe Secures $43.1 Million Refinance Loan From Josh Hoffman & Jonathan Pomper In Brunswick GA
FINANCEDMultiFamily

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

Josh Hoffman

Dwight Capital

Broker

$217.2M

vol

6 deals

Broker

Josh Hoffman

Dwight Capital

Lender

$217.2M

vol

6 deals

Lender
Dwight Capital
Dwight CapitalLender
Hillpointe
HillpointeLandlord

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