Acquisition Financing & JV Equity

Location: Riverview, Michigan
Loan Amount: $12,600,000
Term: 10-Year
Amortization: 5 Years I/O then 30-Year
Execution: Life Company

• 129 Unit Apartment Community
• Fannie Mae First Mortgage
• 10-Year Term
• 30-Year Amortization
• 5 Years Interest Only
• Non-Recourse
• District Capital Services the Loan
• JV Equity Sourced from Life Insurance Correspondent