Ebbetts Plaza

Ebbetts Plaza

Ebbetts Plaza is an existing 90-unit affordable multifamily community located in Virginia Beach, Virginia.  The project consists of 13 two-story townhouse style buildings and a separate leasing office.  Utilizing HUD’s Section 223(f) refinance program, AGM obtained a HUD-insured mortgage of $3,125,000 with a 35-year term at a fixed interest rate.