Briarcrest Gardens
Overview
Deal Type |
Agency Lending |
---|---|
Size |
$65 Million Refinance |
Client & Transactional Partners |
Briarcrest Gardens |
Our Role |
Lender |
Summary
Briarcrest Gardens is a 804-unit mid-rise apartment complex located in Hershey, PA. Built in 1968, the property is comprised of 52 buildings built in three different types: mid-rise apartments (four-story residential buildings and a basement storage), townhome units (arranged in 3-4 building clusters), and 15 garden-style apartments (two-and three-story buildings) situated on a 52.51-acre of land. The proposed loan will be used to refinance existing debt at the property.