BellaNova at JubiLee Park is an existing 312-unit market rate multi-family apartment community located in Orlando, Florida. The property was originally built in 2019 utilizing a HUD-insured 221(d)(4) mortgage. The community consists of 26 two-story apartment buildings, five detached garages, and a centrally located clubhouse building. The community’s amenity package includes a pool and sundeck area with outdoor kitchen, a large fitness area with indoor basketball court, and a playground area with green space. AGM obtained a HUD insured mortgage of $52,502,500 under the 223(a)(7) refinance program. The refinance of the existing mortgage reduced the fixed interest rate while extending the term of the mortgage back to 40 years.
The Depot at North Salem of Apex, NC
AGM Financial Services, Inc. is excited to announce the successful closure of a $47,233,300 mortgage for the new construction of “The Depot at North Salem.” This