In January, Centennial Mortgage closed two projects – Western Heights Apartments and Our Lady of Guadalupe.
PROJECT OVERVIEW
Western Heights Apartments is a 80 unit project out of Sioux Falls, SD. The 223(f) amounted to $4,480,000. The loan was closed on 1/21/2021 by Michael McCullough.
PROJECT OVERVIEW
Our Lady of Guadalupe is owned and managed by a non-profit entity whose focus is housing for low-income seniors in Orange County CA. The refinancing results in over $121,500 in annual savings while also providing funds for continued capital replacements.
