C4 Financial secures debt placement

$12.45MM for Tuttle Parke at the Crossing Apartments

PR Newswire

CINCINNATI, April 25, 2014 /PRNewswire-iReach/ -- C4 Financial is pleased to announce the debt placement of 12.45MM for Tuttle Parke at the Crossing Apartments. Tuttle Parke at the Crossing is located in Columbus, OH. This class 'A' apartment complex consist of 1 and 2 bedrooms garden style apartments, with ametities for the residents which include a fitness facility, community clubhouse, pool, and playground.

Photo - http://photos.prnewswire.com/prnh/20140424/78288

Working with the borrower, Jame Huff was able to secure a loan with Barclay's through their CMBS platform.  The borrower was able to obtain a 75% loan to value on a 10 year fixed rate/ 30 year amortization. The borrower was also able to cash out trapped equity at a very low fixed rate.

C4 Financial exists to provide the most comprehensive financing packages for commercial real estate projects. Our network of banking relationships allows us to offer the most competitive financing options to our clients. For more informaion please visit www.c4financial.com.

Media Contact: James Huff, C4 Financial, 5136161755, jhuff@c4financial.com

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