Lexington, KY – December 14, 2011 – (RealEstateRama) — CBRE Capital Markets arranged an $18.5 million loan via Freddie Mac for the purpose of taking out bank construction financing on Red Mile Village, a 537-bedroom Class A student housing property near the University of Kentucky in Lexington, Kentucky. The 10-year fixed rate loan was arranged on behalf of RCH Development, Inc. based in Jackson, Missouri. Terms of the loan include a sub-5% interest rate, 75% loan- to-value and a 1.35x DSCR.
Business Real Estate Press Releases
GFP Real Estate and Its Tenants Raise More Than $200,000 to...
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
Recent Gov & Nonprofit Real Estate Press Releases
GFP Real Estate and Its Tenants Raise More Than $200,000 to...
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
