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MLK Real Estate Capital Secures $6.3M in Financing for Multifamily Property in Hattiesburg, Mississippi

Villa-Trace-Apts-Hattiesburg-MS

Located in Hattiesburg, Miss., Villa Trace Apartments features 114 garden-style residential units.

HATTIESBURG, MISS. — MLK Real Estate Capital has arranged $6.3 million in permanent financing on behalf of Keystone Equities LLC for the value-add acquisition of Villa Trace Apartments, the first acquisition for the New York-based investor.

Located at 3 Courtland Drive in Hattiesburg, the 114-unit, garden-style property was built in 2003. Ryan Goldstein of MLK originated the deal, while MLK’s Ryan Carlson executed the financing transaction.

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