Happy New Chinese New Years to all my friends!!!
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Jian Zhen
Feb 20, 2015, 7:39:22 PM2/20/15
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one day, 2 major milestones for our company!!!
Autumnwoods Apartments, now 11 months into operation, we bought this property as REO in March 2014, renovated, improved its occupancy to above 95% and it is appraised for 4.4 million. Today we completed its cash our refi with a non-recourse loan, this is our first commercial refi and we took it very conservatively, only 45% loan to value.
Towne Terrace Apartments, this be our 10th group project, I am hoping it will achieve 90% occupancy within next 6 month.
Happy New Chinese New Years to all my friends!!!
Autumnwoods Apartments, now 11 months into operation, we bought this property as REO in March 2014, renovated, improved its occupancy to above 95% and it is appraised for 4.4 million. Today we completed its cash our refi with a non-recourse loan, this is our first commercial refi and we took it very conservatively, only 45% loan to value.
Towne Terrace Apartments, this be our 10th group project, I am hoping it will achieve 90% occupancy within next 6 month.
Happy New Chinese New Years to all my friends!!!
Bei Li
Feb 20, 2015, 8:02:10 PM2/20/15
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Congratulations and Happy Chinese New Year!
Sent from my iPad
Sent from my iPad
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Jiemin Jordan
Feb 21, 2015, 11:48:08 AM2/21/15
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Congratulation!
Where are your two apartments? I am looking for good apartments, but it seems hard to find in this area.
Happy New Year!
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