Multifamily deal spotlights
Eastway Crossings
A win-win for the borrower and senior renters
KeyBank structured this deal that expanded the borrower’s low-cost rental portfolio and built a brand-new community for 55+ renters in Charlotte, NC. On this $13.5 million forward financing deal, the borrower secured their interest rate prior to construction. The community benefits from 132 new units with attainable rents.