October 19, 2018
Prime Rate
5.25%
2.28%
3.21%
3.23%
Photo of The Habitat Apartments
Property Type
Multi-Family
Transaction Details

$11,000,000 Permanent
Life Insurance Company

Transaction Name
The Habitat
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Transaction Details

Essex Financial Group arranged a non-recourse loan for $11 million to refinance The Habitat Apartments in Boulder, Colorado.

Our Solution

Michael Salzman arranged a fixed-rate loan, which offered a full-term interest-only period, and was placed with one of Essex Financial Group’s correspondent life company lenders.