Trillium Capital Arranges $46.5 Million in Financing for Five Apartment Communities

COLUMBUS, GA - Trillium Capital Resources is pleased to announce the recent funding of 5 apartment complexes and Walgreens totaling to $46,508,000.  A life company financed four of the apartment complexes and Walgreens. The loan, which is cross collateralized amongst the 4 complexes and Walgreens totaled to $19,658,850. 

The loan package was executed at 3.40% interest, fixed and amortized over 15 years.  The Walgreens funding was priced at 3.65%, fixed and amortized over 15 years. These properties are located in Columbus, Georgia.

The remaining multifamily complex, located in Pensacola, FL, was funded by a regional bank that utilizes FHLB advance rates, and was priced at an incredibly low 3.15% for 10 years. 

Trillium Capital Resources is a commercial real estate loan originator and alliance partner with various select life companies, agency lenders as well as CMBS lenders. Headquartered in Columbus, Georgia, Trillium serves the southeast market with offices located in Jacksonville, Florida and McDonough, Georgia. 

If you would like more information, please call Scott Taccati at 706-615-3030 or Brent Shryock at 904-329-7266 or visit our Website: www.trillium-capital.com

TRENDING

Capital Square and Partners Complete 195-Unit Single-Family Build-For-Rent Community in Suburban Dallas Submarket of Denton DALLAS, TX - Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the construction completion of Perch Denton, a 195-unit, single-family build-for-rent community in the Dallas suburb of...

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.