Aline Capital is pleased to announce the closing of an acquisition loan for a 112-unit multifamily property in Atlanta, GA. Aline was able to work with their client through a competitive sales process to win the deal and secure a 7-year, non-recourse Agency loan funding 73% of the purchase price. Coupled with the high LTV, Aline was able to source 2 years of interest-only payments at a mid-5% interest rate, leading to strong cash flow Day 1. We have not seen leverage over 70% in a while! Congrats to our client on a great acquisition and thank you to everyone who contributed to a successful execution!
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