Lending Portfolio
Transaction Details
River Creek Lofts will provide 120 Class A, upscale apartment units in South Lebanon, Ohio, a community located 30 miles northeast of Cincinnati. Apartments will feature 9-foot ceilings, private balconies, walk-in closets, stainless steel appliances and granite countertops. Residents will also have access to multiple pickleball courts and a basketball court, in addition to 236 miles of walking and biking trails along the Little Miami River to Lake Erie via a pedestrian bridge. The developer is VCARVE Constructions based in Dayton, Ohio.
Deal Basics
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location
South Lebanon, OH
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loan amount
$21.95 Million
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loan type
Construction Loan
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property type
Multifamily