Tauro Capital Advisors, Inc. was engaged on an exclusive to place a fixed rate loan for the acquisition of a Multifamily property located in the Southeast.
The property consists of 64 units totaling 52,000 SqFt. There in strong in-place income with additional value-add potential. The 7 buildings were built in the 70s.
The sponsor is a development company with years of investment and value-add experience in multifamily properties.