Transactions

The Fannie Mae affordable loan for Cedar Village Apartments, a section 8 HAP property, carries a 15-year term at a fixed rate with a 35-year amortization. The 116-unit, garden-style property was originally constructed in 1979 and consists of 10 two-story apartment buildings. The complex offers one-, two-, and three-bedroom units and features amenities such as a laundry room, playground, and business center.