/
|
Norhaven Partners and Coro Realty have refinanced The Massell, a newly delivered 210-unit garden-style community located in the Atlanta suburb of Cartersville, Ga. with a $33 million loan provided by ACRE.
Walker & Dunlop arranged the five-year, non-recourse, floating-rate loan featuring full-term interest only payments. The W&D Multifamily Finance team was led by Senior Managing Director Stephen Farnsworth, who runs the New Orleans origination office, alongside Hanes Dunn, the senior director of multifamily finance who also works in the same location.