Arbor Provides $24.8M Cash-out Refinance Loan For The Pointe At Myrtle Beach Multifamily
3815 Maypop Circle
MultiFamily
Financed 1 year ago
Summary
The Pointe at Myrtle Beach, located at 3815 Maypop Circle in Myrtle Beach, SC, has recently undergone a cash-out refinance transaction. The multifamily property, owned by Loboda Properties and Michael Loboda, secured a loan amount of $24,758,000 through Arbor - Freddie Mac. This loan type allows the borrower to access the equity built in the property for other purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,758,000
- Lender: Arbor - Freddie Mac
- Landlord: Loboda Properties - Michael Loboda
- Loan Type: Cash-out Refinance
The involvement of Loboda Properties and Michael Loboda as the property's landlord highlights their role in securing the cash-out refinance loan. This transaction allows them to leverage the equity in The Pointe at Myrtle Beach for other real estate ventures or business purposes.
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3815 Maypop Circle
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