SC Capital Investments Secures $6.3 Million Refinance Loan For 46-Unit Multifamily In Bucks County
Pennsylvania
See Similar DealsSummary
The property asset involved is a recently renovated 46-unit multifamily community situated in Bucks County, PA. The transaction features a refinance loan amounting to $6,300,000. This asset falls within the multifamily category, benefiting from a non-recourse loan structure aimed at refinancing existing debt and returning equity to ownership.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,300,000
- Lender: Chris Moser - Arbor Realty Trust
- Landlord: SC Capital Investments
- Landlord's Representative: Jack Cortese & David Frankel - D2 Capital Advisors
- Loan Type: Refinance
The deal was facilitated by D2 Capital Advisors, who arranged the $6.3 million Fannie Mae Small Balance Loan with the objective of refinancing existing financial obligations. This arrangement highlights the expertise of the representatives, Jack Cortese and David Frankel, in effectively coordinating the financing process for the landlord, SC Capital Investments.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want