03-2016 Brockwood Successfully Refinanced and set for Phase II

Brockwood Senior Housing in Greenville, SC completed a refinance with CBRE dropping their interest rate from 5.75% to 3.7%. Creating a monthly savings for the property in the amount of $2,705.34 and a savings for the life of the loan in the amount of $1,298,563.00. Funds were also set aside in the amount of $720,000.00 for seed money on a phase II to be co-developed and managed by MSI during 2017.

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