MINNEAPOLIS, MN - Zach Shope of the Atlanta office of Colliers Mortgage closed a Fannie Mae loan for the refinance of Grey Parc of Rossville in Rossville, Georgia. The 110-unit market-rate multifamily was constructed in 1971 and features eight two-story garden-style buildings, on-site laundry facility, community barbecue area and on-site maintenance and management.
The loan carries a 10-year term and 30-year amortization and was arranged for borrower Perry Underwood of PC Apartment Holdings,...