The CSI Portfolio consists of six affordable communities containing 552-units of located throughout California. The communities are the 200-unit Magnolia, the 40-unit Mariposa, the 55-unit Maywood, the 74-unit Meadowlark, the 56-unit South Bay, and the 126-unit South Park Manor. All properties receive Section 8 assistance contracts from the Department of Housing and Urban Development. Using the HUD Interest Rate Reduction program for currently insured properties, AGM reduced the interest rates with a combined mortgage balance of $34,982,127 and increased cash flow.
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
