April 2021 Loop Investments acquired refinancing on Serenity Park in Indianapolis, MI. The property was acquired in 2020. Renovations of the unit interiors continue with target completion in mid-2021.
February 2021Loop Investments acquired refinancing on Park at Franklin Senior Living property in Southfield, MI. The independent, assisted living and memory care community was purchased in 2018 for $12M. The…
March 2021Loop Investments acquired two properties in Urbana, Il.Parkside is 144 units and Stone Ridge Square is 160 units. The total purchase price was $19.5M and a Fannie Mae loan…
December 2020Three properties in the Southwest Michigan portfolio have been approved for refinancing. The initial purchase amount for the three properties was $14M while the loan is for $15.6M. Loop…
November 2020Loop has refinanced Cambridge Square Apartments. This 104-unit property in Southfield, MI was initially purchased in 2016, had been refinanced in 2018, and now has just closed on another…
April 2020Loop Investments continues to “accept the challenge” in Indianapolis. One of two properties in this portfolio was taken over in January 2020 with immediate plans to address fire and…
January 2020Loop Investments has "accepted the challenge" to enter into a joint venture in order to stabilize a distressed 1000 unit portfolio in Indianapolis, Indiana owned by foreign investors. The…
August 2019Loop Investments has acquired Huron View Apartments. The 168 unit property is located in Ypsilanti, just 15 minutes from Ann Arbor. The property has been neglected and has many…
November 2019 In early 2019, Loop Investments purchased Huron View Apartments in Ypsilanti, Michigan. The property had been neglected and many residents were months behind on rent. With Eastern University less…
October 2019Loop Investments secured a new loan of $24.7 million for its Midland portfolio at an interest rate of 3.84% with 3 years of interest only.
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