$4.74MM OF TOTAL FINANCING
We are pleased to announce the closing of a $4,740,000 equity investment for the purchase and renovation of 100 apartment units.
Beachrock has successfully closed a $4,740,000 joint venture equity investment for the purchase, renovation, and sale of 100 rental units across two properties in the "Mountain West" region of the US. Beachrock was able to secure an investor who was able to see the underlying value of the region's positive demographics, and keep pace with rapidly changing interest rates, and the associated changes in the cost of the underlying financing of the project.
BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION!