Churchill Stateside Group, LLC (CSG) announced the closing of The Summit at Rexburg, a 40-unit new construction Affordable Housing community located in Rexburg, ID. The financing for this closing includes a $8.2 million construction loan provided by Churchill Mortgage Construction and a $2.7 million unfunded forward-committed permanent loan provided by Churchill Mortgage Investment LLC.
Related Posts
X-Caliber Closes First Rural PACE-X Transaction
X-Caliber announced it closed a $26.3MM financing with its first Rural PACE-X transaction for the ground-up construction of a new hotel in Silverthorne, CO. When complete, the 111-room hotel will be a Holiday Inn Express brand under IHG Hotel & Resorts.
KeyBank Continues to Expand its Community Development Lending and Investment Team
KeyBank Community Development Lending and Investment (CDLI) expands its team with appointments of fund and equity relationship managers in the West and Midwest regions.
Dominium Announces the Land Acquisition for Sage at Franklin Park in Austin
Dominium announced it has closed a deal to acquire land for the development of Sage at Franklin Park, a new community of affordable apartment homes.
Dominium’s Paul Sween to be Inducted into the Affordable Housing Finance Hall of Fame
Dominium announced that Senior Managing Partner Paul Sween is being inducted into the Affordable Housing Finance Hall of Fame.