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We are pleased to announce the Funding of a First Mortgage on: Stonecrest Apartments Columbus, Ohio $2,200,000  A First Deed of Trust secured by four two-story apartment
buildings with 192 units on 5.0 acres of land. The subject property is of brick
construction, was built in 1968, and was recently renovated by the borrower at
a cost of $1,200,000. It is now 77% occupied. The initial loan to value is 75%
with a 1.44x debt cover. 15 year term and 20 year amortization Originated by Mr. Mike Ginnever
BlueMark Capital
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