CRE V Michigan

Alliant Capital closes $12 million refinance of multi-family property in Michigan

Alliant Capital LLC, a national debt financier for the multi-family industry, recently closed a $12 million refinance of Crystal Lake Apartments, a 301-unit garden-style multi-family property located in Mundy Township, Mich.

Alliant Capital LLC, a national debt financier for the multi-family industry, recently closed a $12 million refinance of Crystal Lake Apartments, a 301-unit garden-style multi-family property located in Mundy Township, Mich.

John Marr, Alliant’s senior vice president for the Midwest and Northeast regions, originated this loan.

The loan closed Sept. 20 with a 3.66 percent interest rate and a 10-year fixed-rate term.