Pillar Arranges $7.5 Million in Refinancing for Multifamily Property in Wisconsin

MADISON, WIS. — Pillar has arranged a $7.5 million refinance loan with Freddie Mac for Swan Creek Apartments, a 95-unit multifamily property in Madison.  Lancelot Lie and Brooke Jackson of Pillar originated the fixed-rate, 10-year term loan with a 30-year amortization schedule. H.A. Langer & Associates was the borrower in the transaction. Pillar is an affiliate of Guggenheim Partners.