Aline Capital is pleased to announce the closing of a cash-out refinance on a 40-unit multifamily property in Griffin, GA. This was the 2nd time Aline had financed the asset as we financed the acquisition of this property 5 years ago. Based on our knowledge of the property coupled with the client’s hard work executing his business plan, we were able to source a substantial amount of cash out with 4 years of interest only and soft stepdown prepay. This non-recourse loan provides the optimal combination of cash flow and prepay flexibility. Congrats to our client on all his hard work!
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