Greenhurst Meadows

New Development, 78% LTC
Amount: $

StackSource recently arranged financing for the new development of a 60-unit multifamily located in Nampa, Idaho. The property will be comprised of three, 3-story buildings, and will be situated on a 3.09-acre site. Associate Director Jaideep Chadha secured the non-recourse senior debt for the experienced borrower with a going in rate of 10.33%, 78% LTC, and interest reserves capitalized in the loan.

Deal Team

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