LMF Commercial Provides $8.3 Million Refinance Loan For Fayetteville Manufactured Housing Community

The asset involved in the transaction is a Manufactured Housing Community located in Fayetteville, NC, comprising 292 units. The transaction amount associated with this asset is $8,300,000, executed as a refinance. The loan type is structured as a CMBS with a 5 Year Full Term Interest Only (FTIO).

Summary of transaction details:

• Property Type: Manufactured Housing Community
• Transaction Amount: $8,300,000
• Lender: LMF Commercial
• Loan Originator: Mike Muscatell
• Loan Terms: CMBS- 5 Year FTIO

Mike Muscatell is the loan originator facilitating this transaction, representing the lender, LMF Commercial, in the refinancing process. The focus on a CMBS structure indicates an intention for stability in terms of financing.