JACKSONVILLE, FL—Real Capital Solutions has secured a $16.5-million CMBS loan to refinance its 244-unit Eden's Edge multifamily property here.
The financing was announced by New York City-based Greystone, which provided the loan to the Louisville, CO-based national investment and development firm. Brian Fintz, an originator in Greystone's New York City office, originated the transaction.
The low-rate five-year CMBS loan enables Real Capital Solutions, to continue strategic investment in their target markets, Greystone officials say. Eden's Edge, a gated community, features such amenities as a swimming pool, resident lounge, business/fitness centers, and a playground.
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