Atlanta, GA -- (SBWire) -- 07/06/2009 -- Hidden Village a 273 unit apartment community in Atlanta, Georgia, was a referral from Commercial Property Professionals, a real estate brokerage headquartered in Atlanta, Georgia. The buyer targeted low-income housing properties which were recently foreclosed on. He called Securitized with a time-frame of 2 weeks to close. President and CEO Ben Bullock stated, "We had our work cut out for us, but we pride ourselves on being able to accomplish the objectives of our clients and that's exactly what we did. The challenges were, not only the short timeframe, but also, the Hidden Village Apartments were vacant and boarded up property. We immediately called one of our investors, completed a site-visit within a couple of days, worked through the legalities of the note-purchase and foreclosure process, and wound up with a successful closing."
Securitized is a leading, national provider of debt and equity for multifamily apartments and commercial real estate throughout the country and offer financing for new construction, interim-bridge executions for unstabilized or value-add properties, and permanent mortgages on stabilized and performing real estate assets. At Securitized, we are not only bankers, we are advisors and consultants whose lending platform's main interest, is in preserving our clients' asset portfolio.
Recent Closing in Atlanta of Hidden Village Apartments
Crossing many hurdles, Securitized produces results for the note-purchase of the foreclosed 273 unit, Hidden Village Apartments in Atlanta, Georgia.