Conway Apartments – Permanent Acquisition

Southeast, US


Funding Purpose

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.

Property Description

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.


  • Sponsor looking for great terms that include non recourse, and longest term and amortization possible.


  • Funding secured with a national direct lender that specializes in debt capital for the multifamily industry which was able to provide great terms for this property.


  • Loan Amount (LTV): 65%
  • Interest Rate: 4.32% 
  • Amortization: 30 years
  • Term: 15 years
  • Recourse: Non Recourse 
  • Prepayment: Yield Maintenance

Senior Director  | Capital Advisor