Shelby Township, MI

SF Capital Group is pleased to announce the successful closing of a $32,000,000 acquisition loan for a 368-unit multifamily property located in Shelby Township, Michigan.

The transaction was originated by Ryan Denomme and structured as a non-recourse bridge loan featuring three years of interest-only payments and future funding commitments. The flexible loan structure gives the sponsor the runway needed to execute their property improvement and unit renovation plan without the burden of personal recourse exposure.

SF Capital Group's ability to leverage its deep lender relationships enabled the team to identify the right capital source for a transaction of this scope and complexity. This closing adds to the firm's growing track record of multifamily financings across Michigan and the Midwest.