PROJECT OVERVIEW
- Tradewinds is a 214 unit market rate project in Midland, Texas.
- Before the project was submitted, Centennial assisted the client with getting a large borrower approval from HUD.
- In 2019 we refinanced the project under the 223(f) program for $27,360,000. The refinance lowered the interest rate of the project and provided additional equity to the client.
- Project Name Tradewinds Apartments
- Project Location Midland, TX
- Loan Amount $27,360,000
- Originator Matthew Kane
- Year Built 2015
