- Loan Amount: $4,750,000
- Broker's Commission: $47,500
- LTV: 54%
- Interest Rate: 8.99%
- Term: 2 years
Description
Avatar provided a $4.75 million multifamily bridge loan for two student housing properties in Portales, New Mexico, and Roswell New Mexico. The subject properties were developed to provide student housing for the Eastern New Mexico University.
- Loan Type: Multifamily Bridge
- Loan Amount Range: $1M - $4.99M
This style property is located in Portales is currently and has been listed on Avatar Financial Group. This property is listed at . It has bedrooms, bathrooms, and is . The property was built in year.