August 28, 2025
Deal Closed! $6.7m Towards the Recapitalization of a Multifamily Asset in Canton, OH.
Stabilis is pleased to announce the closing of a $6,650,000 senior-secured bridge loan for the recapitalization of a multifamily asset in Canton, Ohio.
Stabilis funded an experienced borrower looking to recapitalize a Class-A, 90-unit multifamily asset. The property benefits from high occupancy, strong revenues, and significant amenities. Stabilis was able to meet the needs of a borrower with a unique asset, requiring a unique financing solution to successfully recapitalize the asset.
Contact: Joe Podesta, 212-256-8979, josephpodesta@stabiliscap.com
$2M - $75M
Loan Amount
SOFR + 3.25%
Starting Rate
12-24 Months
Duration
1st Position
Senior Secured
Loan Buyer
Performing/Sub-performing

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