The Lofts at Cottage Hill – Montgomery, AL

April 10, 2023

Henry Street Capital has arranged $1,838,000 in nonrecourse term debt to finance the acquisition of The Lofts at Cottage Hill, a multifamily property in Montgomery, AL.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor in New York.  The interest rate is fixed for 10 years @ 5.59% with three years interest only and then 30-year amortization schedule.  Financing was secured through the Fannie Mae DUS Mortgage program.

North Metro Townhomes – Salt Lake City, UT

January 5, 2021

Henry Street Capital has arranged $4,500,000 in term debt to finance the acquisition of North Metro Townhomes, a Class A multifamily property in Salt Lake City, UT.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Salt Lake City.  The interest rate is fixed for 10 years @ 3.00% on a 30-year amortization schedule.  Financing was secured through the national lending division of an East Coast based commercial bank.