Seminole Ridge Apartments is a 240 unit affordable multi-family apartment building built in 2000 located in Orlando, Florida. Seminole Ridge was originally financed pursuant to HUD’s Section 221d4 new construction program. Using HUD’s Section 223a7 program for existing HUD-insured properties, AGM obtained a HUD-insured mortgage of $10,835,000 at with a 40-year term. The new mortgage refinanced the old debt, lowered the interest rate and funded a $200,000 repair escrow.
The Depot at North Salem of Apex, NC
AGM Financial Services, Inc. is excited to announce the successful closure of a $47,233,300 mortgage for the new construction of “The Depot at North Salem.” This