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Pensacola Apartments

Pensacola, Florida

Loan Amount


Deal Description

The sponsor approached Kay Finance in need of acquisition financing for Northtowne Apartments - a 90 unit - three property portfolio located in Pensacola, Florida. 

Kay successfully sourced a high leverage acquisition loan which will allow the borrower to invest $700K+ of capex between unit interior and exterior renovations.

Both Borrower and Lender worked through a challenging financing environment to close the loan in 47 days from application.

Property Location

Pensacola, Florida

 Quick Stats 
Partner Type

Debt Fund

Program Type


Program details

73% LTV
24 month term
interest only
47 day close

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