McBride Capital has arranged financing for a 226-unit apartment property in Salem, OR.
Property Type: Apartment/Multi-Family
Location: Salem, OR
Loan Program: HUD 223(f)
Loan Amount: $13,112,900
McBride Capital is pleased to announce the closing of permanent financing for Brighton Park Apartments in Salem, OR. Financing was secured via HUD's 223(f) program in conjunction with our correspondent HUD lender.
The popularity of the HUD 223(f) program continues to be driven by sub 3.5% interest rates, a fully amortizing 35 year term, and high LTV (85%).
Please email info@mcbridecapital.com or call 503-624-5800 for information regarding HUD 223(f).
