Detroit Apartments
$15,491,000 HUD223 (a)(7) Refinance
Location: Detroit
Loan Amount: $15,491,000
Term: 40 Years
Amortization: 40 Years
Execution: HUD
District Capital is pleased to announce the recent HUD223 (a)(7) refinance on an 80-unit apartment property in CBD Detroit. This closing took place in the middle of the COVID-19 crisis while all parties involved were working remotely.