Richmond, Virginia
Class A Apartments in Historic Manchester
$68 million
Size
211
Units
Richmond, Virginia
Market
- $68,000,000 total capital stack
- Ground-up construction/permanent financing for 211 Class-Apartments, fully amenitized with gorgeous views of the James River
- Allowance for construction draws prior to fully funding the equity
- Interest rate spread is reduced at CO and further reduced upon target DSCR
- Opportunity Zone investment located in the historic Manchester neighborhood of Richmond Virginia
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