PROJECT NAME: Watersview Apartments
LOAN AMOUNT: $32,456,300
PROJECT TYPE/SIZE: 222-Unit Multifamily Apartments

Full Details:

Century provided construction and permanent financing via HUD’s Section 221(d)4 program for Watersview Apartments which consists of 222 multifamily units. HUD’s 221(d)4 program allowed the principals of Watersview to lock a fixed interest rate for the construction and permanent loan for a term of 40 years.