Yield Pro BWE has arranged a $42.3 million Fannie Mae loan for the 270-unit Glenn apartment property in Auburn, Ala. The 10-year loan has a 35-year amortization schedule and is being used to retire construction debt. An undisclosed Georgia-based development company owns the 14-building property at 2568 East Glenn Ave., four miles east of Auburn […]

The post BWE Arranges $42.3Mln Fannie Loan Against Auburn, Ala., Apartments appeared first on Commercial Real Estate Direct.