Walker Landing is a 155-unit family garden property in Elizabeth City, North Carolina. Using HUD’s Section 221(d) Substantial Rehabilitation program, AGM obtained a HUD-insured mortgage of $6,000,000 with a 40-year term plus the construction period. The mortgage was funded through the sale of tax-exempt bonds issued by the State of North Carolina through Elizabeth City. The new owner will spend $23,600 per unit to replace windows, roofs, HVAC, kitchens, and baths.
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