BRISTOL PARK APARTMENTS – TULSA, OK

Details

A $12,000,000 non-recourse CMBS loan refinance for a 512-unit Class B apartment community in Tulsa, Oklahoma. The loan features a ten-year term and a 30-year amortization with two years interest-only and a rate of 4.93%. This allowed the repeat client to recoup 90% of their total cost inside of a year of purchase.

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