Latest Breaking News On - Chuck cronin - Page 1 : comparemela.com

Share this article Share this article NEW YORK, May 6, 2021 /PRNewswire/ Lument recently provided a $15.2 million Fannie Mae conventional multifamily loan for a 176-unit, garden-style multifamily community in Columbia, South Carolina. The property is owned and managed by an experienced sponsor with a multifamily portfolio of approximately 1,121 units throughout the Southeast. Steven Cox, senior managing director in Lument s New York office, led the transaction. As usual, Fannie Mae proved to be an extremely beneficial financial solution, said Cox. Not only does the successful closing refinance existing debt at a low, fixed rate, it does so with a full term interest only period while also providing substantial cash-out proceeds to the sponsor.

United statesSouth carolinaPrnewswire lumentChuck croninLancaster pollardFreddie mac optigoSteven coxCapital groupInvestment managementExchange commissionCorporation united statesAxiom capital corporationReal estate capital holdingsFannie maeNew yorkEstate capital holdings