Pointe Grand Columbia
Overview
| Deal Type |
Agency Lending |
|---|---|
| Size |
$30.9 Million Freddie Mac (Floating Rate Loan) |
Summary
The transaction includes a $30.9 million ($119,647/unit) non-recourse, first mortgage loan secured by a 258-unit, garden-style apartment complex known as Pointe Grand Columbia, located in Columbia, South Carolina. Built in 2024, Pointe Grand Columbia consists of eight three-story apartment buildings situated on a total of 26.58 acres site. The proposed loan will be used to refinance the existing debt of the property. The loan is structured with a seven-year term, and subsequent to a three-year interest-only period, amortizes on a 35-year schedule.
Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.





































