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MASON JOSEPH ARRANGES REFINANCING OF APARTMENTS IN SEGUIN

SEGUIN, TEXAS — Mason Joseph Co. Inc., a San Antonio-based FHA multifamily lender, has arranged the refinancing of Oak Hollow Apartments, a 152-unit apartment complex in Seguin, 36 miles northeast of San Antonio. Mason Joseph obtained a new insured mortgage of $11 million with a 40-year term and amortization schedule. The borrower is Wonder Properties LLC, a Seguin-based private investment firm. The complex was built in 2012 with amenities including a clubhouse, business and fitness centers, volleyball court pool and outdoor kitchen.

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