3650 REIT Originates $103M Mezzanine Loan for Multifamily Portfolio rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.
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.