Trillium Capital Resources Arranges $18.4M Loan for Apartment Community in Alabama

PELHAM, ALA. — Trillium Capital Resources has arranged an $18.4 million loan for Grand Reserve of Pelham, a 184-unit apartment complex in Pelham, roughly 20 miles south of Birmingham. Trillium arranged the 12-year, fixed-rate loan through Aegon Insurance Group on behalf of the borrower, an apartment operator based in Phenix City, Ala. The borrower used the loan to refinance an existing construction loan.

By |2018-05-27T20:09:15+00:00June 15th, 2016|Multifamily Loans|