Miami, FL, April 02, 2016 --(PR.com
)-- A.I.D. Capital, LLC Closes $6.625 Million Loan for a 355 unit Multifamily Property in Jacksonville, FL.
A.I.D. Capital, LLC, a national real estate capital services and advisory firm, today announced the March 11, 2016 refinancing of $6,625,000 loan for Willow Lakes Apartments, a 355 unit multifamily apartment property in Jacksonville, FL. The five (5) year loan was priced at 3.72%. Damien Grider, Managing Director of A.I.D. Capital, secured the loan for the borrower. The loan proceeds were used to retire a maturing bridge loan, and facilitate a partner buyout.
“We worked very closely with the borrower and his team to structure a financing package that met all of his investment objectives,” said Mr. Grider. “Our team leveraged years of experience as investor's to develop and implement a create solution to met the borrower’s needs.”
About A.I.D. Capital, LLC
A.I.D. Capital, LLC is a diversified, commercial real estate capital services firm offering bridge loans, debt placement and advisory services to commercial real estate investors. A.I.D. Capital is well recognized as one of the nation’s leading originators of commercial, multifamily and health care real estate financing. Known for innovative solutions and superlative advisory services, the company utilizes a detailed, client centric approach to assist financial institutions and investors to evaluate assets and achieve their investment objectives. A.I.D. Capital serves clients throughout the U.S from its headquarters in Miami, FL.
For more information or to discuss your financing needs, please contact us at 1-800-499-6016.