ANACOSTIA
Borrower:
John and Loubna
Property Type:
Cash-out Refinance of a 9-Unit Multifamily Renovation
Neighborhood:
Anacostia, Washington, DC
After a much-needed renovation to provide affordable housing for families, SGL was able to refinance this stabilized asset in less than three weeks.
THESE DEVELOPERS ACQUIRE UNDERPERFORMING ASSETS AT REASONABLE COSTS AND UPGRADE THEM TO ADD VALUE TO BOTH THE PROPERTIES AND THE COMMUNITIES IN WHICH THEY ARE LOCATED.
