Closed Loans

Multifamily Loan in Georgia

Closed Loan in Cartersville, Georgia

Purpose: Purchase
Loan Amount: $279,000
Location: Cartersville, Georgia

The borrower entity in this transaction was a trust that needed to invest in a property due to a 1031 exchange maturity. Silver Hill was able to provide 75% LTV financing for the purchase of an 8-unit multifamily property in Cartersville, GA. The Silver Hill team closed the loan within 30 days from receipt of the signed LOI and appraisal/underwriting fees from the borrower.

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