Greenwood Cove

Greenwood Cove Apartments

The owners of Greenwood Cove Apartments in Lubbock, TX, had a 6-year, interest-only 

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.

30 Year Amortization Waved Replacement Reserves