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Threshold Purchases 1,200 Unit Apartment Portfolio
Thursday, October 6, 2016
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On October ...
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On October 6, 2016, Threshold Capital, LLC sponsored the acquisition of 1,200 units comprised of nine apartment properties in North & South Carolina from a private seller. The acquisition was financed with Fannie Mae DUS floating rate indexed to LIBOR, with option to convert to fixed rate.  Threshold has set aside nearly $4 Million for renovations.  With this purchase, Threshold now owns approximately 4,200 units in North and South Carolina. 

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