Greystone Provides $25.3M Refinance Loan For Covington Multifamily Property

The multifamily property located at 10100 Brown Bridge Rd in Covington, GA has undergone a loan refinancing transaction. The property consists of 232 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $25,300,000
• Loan Type: Refinance
• Loan Terms: 10-year term, 30-year amortization, and 10 years of interest-only payments

The lender responsible for this refinancing deal is greystone''>Greystone - Keith Hires & Carter King.

By refinancing the property, the owners have secured a loan amount of $25,300,000 with favorable terms. The loan has a 10-year term and a 30-year amortization schedule, including 10 years of interest-only payments. This refinancing transaction provides the owners with the opportunity to manage their financial obligations effectively.