In September of 2009, Emerald Creek Capital provided a $2,232,000 commercial bridge loan to refinance a maturing mortgage on the Lakewood Villas apartment complex. The bridge loan was secured by a 200 unit garden style apartment complex in Waco, TX. At the time of closing, the operator owned over 1,000 rental units in Texas.
For more information, please contact:
Mike Cleaver, Director