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IVY RIDGE APARTMENTS

Marietta, GA

Property Type
Loan Type
Loan Purpose
Closing Date
Apartment Complex
Mezzanine
Acquisition Financing
February 2022

Active

Loan Amount
$5,000,000

About

A $5.0M mezzanine loan for the acquisition refinancing of a 207-unit, partially renovated, garden-style apartment complex located in Marietta, GA. The property consists of 21 two-story apartment buildings with 143 two-bedroom units and 64 three-bedroom units. Amenities include a fitness center, a laundry room to be converted to a dog wash area, a picnic area, a playground, and a pool.

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