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3650 REIT Originates $103M Mezzanine Loan for Multifamily Portfolio

3650 REIT Originates $103M Mezzanine Loan for Multifamily Portfolio
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3650 REIT Originates $103M Mezzanine Loan for 12-Property Portfolio

The properties are spread across South Carolina, Louisiana, Georgia and Tennessee. A joint venture between David Werner Investments, Onyx Partners and Carlton Associates has secured a $103 million mezzanine loan from 3650 REIT recapitalizing their Southern Residential Portfolio, a 12-property bundle of multifamily asset with more than 3,500 units across four states. ....

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3650 REIT Provides $103M Mezzanine Loan for 3.7M-SF Apartment Portfolio – Commercial Observer

$103 million in mezzanine financing from 3650 REIT has recapitalized the existing equity structure of a multifamily portfolio in the South. ....

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