Camelot Apartments – Kenosha, WI
- Loan Amount: $3,000,000
- Purpose of Loan: Refinance
- Capital Source: Freddie Mac
- LTV: 75%
- Term: 7 Years
- Rate: 4.43%
- Amortization: Years 1-2 Interest Only, followed by 30 Amortization
- Prepayment: 5-5-4-4-3-2-1
Camelot apartments is a 112 unit, “C” class multifamily property located in Kenosha Wisconsin. The property was originally built in 1985 and consists of wood frame construction. The Chicago-based borrower owns numerous commercial real estate assets throughout the United States.
About Tower Capital:
Tower Capital was founded to enable owners of commercial real estate to achieve their investment goals with the least amount of time, energy, and cost, while creating surety of execution and peace of mind.
Established in 2015 and headquartered in Phoenix, Arizona, Tower Capital provides customized structured financing to investors throughout the United States. We specialize in debt and equity placement ranging from $2 Million to $100 Million and have financed over $500 Million for our clients since inception. We focus on independent financial advising with an entrepreneurial mindset, market vigilance and personalized attention to every client.