DEAL OF THE DAY: Alliant Capital Closes $1.5M Supplemental Loan for 149-Unit Rental Building

By Anuradha Kher, Online News EditorBaltimore–Alliant Capital recently closed a $1,525,000 second lien loan, collateralized by the Apostolic Towers Apartments located at 201 N. Washington St. in Baltimore.Apostolic Towers Apartments features a 149-unit, 12-story building built in 1979. Alliant provides return of equity to its borrowers through structured subordinate financing behind its own senior debt.

By Anuradha Kher, Online News EditorBaltimore–Alliant Capital recently closed a $1,525,000 second lien loan, collateralized by the Apostolic Towers Apartments located at 201 N. Washington St. in Baltimore.Apostolic Towers Apartments features a 149-unit, 12-story building built in 1979. Alliant provides return of equity to its borrowers through structured subordinate financing behind its own senior debt.

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