Elena Arroway

Whisper Winds

Whisper Wind Apartments

The owners of Whisper Wind Apartments, had a cash-out refinance for $1.9m worth of improvements. This was a non-recourse product, and Promenade was able to keep the lending costs down with a low interest rate and sliding scale prepayment. Replacement reserves were waived. $1.9M Cash-out refi

Premiere Gardens front

Premiere Gardens Apartments

The owners of Premiere Gardens Apartments recently had a cash-out refinance for $1.8m. This was a non-recourse product, and Promenade was able to keep the costs low with low interest rate and sliding scale prepayment. $1.8M Cash-out refi