UC-B Properties

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    The company provided an acquisition loan for the 176-unit Trellis at Lee’s Mill Apartments in Newport News, Va., as well as a refinancing loan for the 162–unit Hickory Hill Apartments in Frederick, Md.

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    The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.

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  • Love Funding Secures $22M for NC Project

    Located in Charlotte, Preserve at Mountain Island consists of 15 buildings and 240 units. Among other high-end amenities, the community will offer boat storage for residents.

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    The area's population and employment growth have strengthened demand, while supply has maintained the apartment market at high occupancy levels. The market’s robust performance also spurred new waves of investment across the metro.

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    ApexOne Investment Partners and Collier Cos. have secured Ocean Oaks Apartments in Volusia County. The circa 1988 property includes 37 buildings and 296 units.

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