$21.8M REFINANCE MARKET RATE MULTIFAMILY
Armstrong Mortgage Company Finances $21.8M to Refinance
Market Rate Apartments in Ohio and Texas
Columbus, Ohio (October 1, 2014) – Armstrong Mortgage Company, a full service mortgage banking firm specializing in origination and underwriting high-quality real estate loans, announced today that it recently provided financing totaling more than $21.8 million to refinance three multifamily apartment complexes located in Ohio and Texas.
Brad Armstrong, President of Armstrong Mortgage Company, was quoted “These three transactions represent Borrowers who have taken advantage of historic low interest rates and placed long-term, non-recourse debt through FHA refinance programs.”