JACKSONVILLE, FL—Real Capital Solutions hassecured a $16.5-million CMBS loan to refinance its 244-unitEden's Edge multifamily property here.
The financing was announced by New York City-basedGreystone, which provided the loan to theLouisville, CO-based national investment and development firm.Brian Fintz, an originator in Greystone's New YorkCity office, originated the transaction.
The low-rate five-year CMBS loan enables Real Capital Solutions,to continue strategic investment in their target markets, Greystoneofficials say. Eden's Edge, a gated community, features suchamenities as a swimming pool, resident lounge, business/fitnesscenters, and a playground.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
