Grandbridge Real Estate Capital recently closed a pair of loans totaling $8.50 million secured ty a two-property multifamily portfolio in the suburbs of Milwaukee. The portfolio includes 180 multifamily units.
Tony Carlson, based in Grandbridge’s Minneapolis office, originated this refinance transaction.
Funding for the fixed-rate loan was provided by a life insurance company, and featured a 15-year fixed-rate term and 15-year amortization schedule.