REBusinessOnline

EF&A FUNDING SECURES $7 MILLION ACQUISITION LOAN FOR APARTMENT COMMUNITY

COLUMBUS, OHIO — EF&A Funding has secured a $7 million acquisition loan for Ashton Place Apartments, a 292-unit, garden-style apartment community located in Columbus. The community comprises 21 two-story townhome buildings and five single-story apartment buildings. The loan carries a 10-year term with a 1-year extension, and the first 5 years interest-only. John Marr of EF&A secured the loan on behalf of an undisclosed borrower.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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