SUMMIT COURT APARTMENTS – JENKS, OK

Details

A $2,830,000 “cash out” refinance on a 96-unit garden apartment complex located in suburban Tulsa, Oklahoma. The mortgage was written as a ten-year loan with a 30-year amortization and a fixed interest rate of 5.31%. The loan was placed through Fannie Mae’s Delegated Underwriting and Servicing, or DUS, program, and underwritten at 65% loan-to-value.

RELATED PROJECTS