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3650 REIT Originates $103M Mezzanine Loan for 12-Property Portfolio

The properties are spread across South Carolina, Louisiana, Georgia and Tennessee. A joint venture between David Werner Investments, Onyx Partners and Carlton Associates has secured a $103 million mezzanine loan from 3650 REIT recapitalizing their Southern Residential Portfolio, a 12-property bundle of multifamily asset with more than 3,500 units across four states.
North Lake South Carolina United States River Run Knob Creek Dania Beach

Family Office Nets $50M Loan Backing Alabama Property

Hillcrest Acquisitions is constructing a multifamily property in the Huntsville area. Hillcrest Acquisitions, a New York-based family office that invests in and develops multifamily and skilled nursing properties throughout the eastern U.S., has received a $49.5 million loan from 3650 REIT to complete construction of The Gabriel, a 288-unit community in the Huntsville, Ala., market.
United States Moshe Herskovich Marc Tropp Jonathan Roth Eastern Union Funding Capstone Building Corp

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