December 04, 2024
T-Max Lending LLC, a leading private loan firm specializing in tailored real estate financing solutions, has announced the successful funding of a $14 million loan to support the renovation and modernization of a 203-unit apartment tower in Burlington County.
The loan will finance significant upgrades to the property, enhancing both interior units and common areas to meet the evolving needs of residents. Planned improvements include updated kitchens and bathrooms, enhanced energy-efficient systems, and modernized amenities such as a fitness center, community lounge, and outdoor recreational spaces.
"We are proud to support this transformative project in Burlington County," said Jackson Valerie, VP of Origination at T-Max Lending LLC. "This funding aligns with our mission to provide flexible, creative financing solutions that add value to real estate assets and the communities they serve."
The apartment tower, located in a prime area of Burlington County, is poised to attract a mix of young professionals and families seeking quality housing with convenient access to local amenities and transportation hubs. The renovations aim to elevate the property’s appeal, driving both occupancy and tenant satisfaction.
This transaction marks another milestone for T-Max Lending LLC as it continues to expand its footprint in the multifamily housing sector. With a commitment to quick closings and personalized service, T-Max Lending has become a go-to resource for real estate developers and investors seeking competitive private loan options.