Woodrow Courts Multifamily
7.99%, 80% LTC bridge
Norfolk
,
VA
Amount: $
2120000
StackSource Capital Advisors Omar Sobhy and Zach Wagner helped a buyer obtain an 80% LTC bridge loan to fund the purchase and renovations for a 16-unit multifamily property located in Norfolk, VA. StackSource was able to help the buyer in initiating their value-add strategy of upgrading the property and hiring professional property management, leading to market rental rates.
Deal Team
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