10 Federal Companies Closes Refinance of HUD Loan on Heritage Apartments
10 Federal Companies announced today that it closed a refinance of its HUD loan on the Heritage Apartments in Hillsborough. The refinance closed on January 30th, 2017, and the original HUD loan interest rate was adjusted down from 4.10% to 2.88%. 10 Federal Companies also successfully earned a Property Energy Star rating for the Heritage Apartments.
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10 Federal Companies is a diversified real estate company headquartered in Raleigh, NC. Through a combination of vertical integration and leveraging technology to improve performance, it is 10 Federal Companies' mission to deliver a superior product to its customers at a superior value to the competition. 10 Federal Companies acquires, develops, constructs and manages multifamily and self storage properties in North Carolina.
10 Federal Companies featured in SpareFoot article: “10 Federal forges ahead with unmanned facilities” https://www.sparefoot.com/self-storage/news/4806-10-federal-forges-ahead-with-unmanned-facilities/