January 4, 2021
Whitlock Capital Group (@WhitCapGroup)provided an $18.9m bridge loan for the acquisition and renovation of a 328-unit Class C garden-style apartment complex in NW Oklahoma City, OK. Proceeds were used to finance the acquisition, fund an interest reserve, and fund the $20k per unit renovation budget.
For more information on our bridge loan programs: https://whitlockcapitalgroup.com/services/bridge-financing/
Whitlock Capital Group is a leading provider of the full spectrum of financing options for commercial real estate including traditional debt capital, bridge loans, mezzanine capital, preferred and JV equity capital. By approaching every transaction with the goal of increasing a transactional return on investment, Whitlock has established itself as a go to provider of financing for real estate developers and commercial property owners throughout North America. The company’s use of creative and innovative financing methods has led it to outpace industry competitors in the ability to underwrite complex transactions.