Escalating prices is a global dynamic that is forcing many within the Kissimmee area to endure extended commutes in order to find housing they can afford. Celebration Village is helping meet that need.
T2 Strategic Real Estate Income Fund (SREI) recently closed on three loans. The construction, bridge, and acquisition loans, which totaled over $23 million, showcase T2’s adaptability and surety of execution in providing a quick close.
T2 Capital Management, met deadline for a year-end closing, on the $2.175 million dollar loan.
The initial request for the funds was made 3 days prior to closing. The $1.65 million loan facilitated the recapitalization of a 13,000 SF mixed-use building located in Wheaton, IL.
The $60 million first mortgage loan is the largest loan to date for T2. The loan facilitated the acquisition of a student housing portfolio which consists of 10 buildings totaling 370-units (918 beds).
T2 Capital Management, LLC recent loan facilitated the acquisition of a 96,000 sf multi-tenant industrial / office building located in Chicago’s South Loop.