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BWE Secures $32.3M Refinance Loan For 222-Unit Greystone At Mulberry Grove In Fortson GA
FINANCED
$32,293,800
Georgia
See Similar DealsMultiFamily
Financed 05/08/2025
FINANCED
BWE Secures $32.3M Refinance Loan For 222-Unit Greystone At Mulberry Grove In Fortson GA
4849 Ga Highway 315
See Similar DealsMultiFamily
Financed 05/08/2025
Summary
GEORGIA
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a 222-unit multifamily development named Greystone at Mulberry Grove, located at 4849 Ga Highway 315 in Fortson, GA. The loan secured for this asset amounts to $32,293,800, and it is categorized under HUD 223(f) refinancing.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $32,293,800
- Units: 222
- Address: 4849 Ga Highway 315
- Market: Fortson, GA
- Loan Type: Refinance
The brokering of this deal was managed by Paul Harbor, representing Bellwether Enterprise (BWE). BWE played a pivotal role in securing the loan for the refinancing of the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$32,293,800.00
Monthly NOI$215,292.00
Monthly Debt Service$204,118.78
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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