(PR-inside.com)
- Third acquisition with local sponsor; total funding equals $33 million- New York, NY - January 24, 2013- Centerline Capital Group ("Centerline"
, a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company (OTC: CLNH), announced today it has provided a $33 million loan for the acquisition of Spyglass Hill Apartments, a multifamily property located in Denver, Colorado. The transaction is a Fannie Mae market rate loan that will finance the acquisition of the property at a purchase price of $40 million. Located at 7100 East Mississippi Avenue, Spyglass Hill Apartments is a garden- style multifamily complex ..
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- Third acquisition with local sponsor; total funding equals $33 million- New York, NY - January 24, 2013- Centerline Capital Group ("Centerline"
, a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company (OTC: CLNH), announced today it has provided a $33 million loan for the acquisition of Spyglass Hill Apartments, a multifamily property located in Denver, Colorado. The transaction is a Fannie Mae market rate loan that will finance the acquisition of the property at a purchase price of $40 million. Located at 7100 East Mississippi Avenue, Spyglass Hill Apartments is a garden- style multifamily complex .. More...