Brent Place is an existing 207-unit affordable multifamily community located in Alexandria, Virginia. Located on 3.85 acres of land, the project consists of one 14-story elevator-serviced apartment building, two outdoor swimming pools, and children’s playground. The community has one-bedroom, two-bedroom, and three-bedroom units restricted to households earning at or below 60% of area median income (AMI). Utilizing HUD’s Section 223(f) refinance program, AGM obtained a HUD-insured mortgage of $15,950,600 with a 35-year term at a fixed interest rate.
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