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Detroit Apartments

$15,491,000 HUD223 (a)(7) Refinance


Location: Detroit
Loan Amount: $15,491,000
Term: 40 Years
Amortization: 40 Years
Execution: HUD

District Capital is pleased to announce the recent HUD223 (a)(7) refinance on an 80-unit apartment property in CBD Detroit.  This closing took place in the middle of the COVID-19 crisis while all parties involved were working remotely.