CRE v Wisconsin

Grandbridge Real Estate Capital closes Milwaukee-based multi-family portfolio refinance

Grandbridge Real Estate Capital recently originated and closed a multi-family portfolio refinance secured by 11 properties in Milwaukee.

Grandbridge Real Estate Capital recently originated and closed a multi-family portfolio refinance secured by 11 properties in Milwaukee.

The highly structured fixed-rate transaction featured second mortgage rights, prepayment flexibility and substitution rights.

Milwaukee-based Grandbridge senior vice president Jim Cope and assistant vice president Brandon Strong arranged the 15-year refinance through one of the company's insurance company relationships, Advantus Capital Management, Inc.