The Madison Group (TMG), a premier national provider of
multifamily real estate financing, successfully arranged an $8,300,000 loan to refinance
a fully renovated and stabilized 110-unit apartment building in Oklahoma.
A repeat client approached TMG to execute a cash-out
refinance, leveraging the property's increased value following extensive
renovations. TMG worked closely with a lender that was willing to accommodate a
cash-out refinance above the property’s cost basis, optimizing the client’s
capital position.
 
Property: Multifamily   
Location: Oklahoma   
Loan Amount: $8,300,000 
Interest Rate: 6.50% 
Term: 10 years 
Amortization: 30 years 
Prepayment: None
Guarantee: Recourse