PROJECT OVERVIEW
Centennial Mortgage is delighted to announce the successful closing of Carroll Court Apartments. Receiving financing of $3,695,800 through the HUD 223(f) program, the project is located in the village of Carrollton, a friendly and welcoming community nestled in the heart of Ohio.
The property benefits from a Section 8 Subsidy for senior residents. In addition to continued affordability, the refinance includes essential building upgrades including property wide Wi-Fi installation, 60-unit refrigerators, bathroom upgrades, and parking lot improvements.
We extend our gratitude to Arbors Management, Inc. for their trust in Mike McCoullough and the Centennial Mortgage underwriting team of Bryan Shelby and Chad Nykiel, for their dedication in bringing this project to fruition. We are proud to include the project in our portfolio and remain committed to supporting affordable housing nationwide.
- Project Name Carroll Court
- Project Location Carrollton, OH
- Loan Amount $3,695,800
- Originator Mike McCullough
- Year Built 1981
- Client Arbors Management, Inc.
