Finance V Michigan

Alliant Capital closes $5.9 million loan on 180-unit multi-family complex in Michigan

Alliant Capital LLC recently closed a $5.9 million refinance loan on Hidden Lakes II Apartments, a 180-unit garden-style multi-family property in Kentwood, Mich.

Alliant Capital LLC recently closed a $5.9 million refinance loan on Hidden Lakes II Apartments, a 180-unit garden-style multi-family property in Kentwood, Mich.

This transaction was originated by John Marr, Alliant’s senior vice president for the Midwest and Northeast regions.

The loan was closed on Nov. 30 with a 3.48 percent interest rate and a 5.5-year fixed-rate term.