Dwight Mortgage Trust has provided $88.5 million of financing to facilitate Pepper Pike Capital Partners’ purchase of the 1,046-unit Waverly on the Lake apartment property along Belleville Lake in suburban Detroit. The price Pepper Pike, of Orange Village, Ohio, paid for the property could not be determined immediately. Waverly on the Lake sits on a […]

The post Dwight Mortgage Trust Lends $88.5Mln Against Apartments in Suburban Detroit appeared first on Commercial Real Estate Direct.