Lending Portfolio
Transaction Details
Prado Lofts will be a Class A multifamily project located in Jackson, Mississippi. The project will be a four-story, urban-style multifamily development consisting of 135 residential units. The project is strategically located less than three miles from Jackson’s major medical district and within 20 minutes of major employers, including the University of Mississippi Medical Center. The sponsor for the project is PraCon Global Investment Group.
Deal Basics
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location
Jackson, MS
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loan amount
$29.4 Million
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loan type
Construction Loan
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property type
Multifamily
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