$30,000,000 Multifamily Purchase Bridge Loan

In October 2022, Stabilis showcased its financial prowess by successfully funding the acquisition of a Class A high-rise multifamily property, valued at approximately $30.0 million. This strategically positioned property is situated in the heart of New Orleans’ Central Business District (CBD) and boasts adjacency to the iconic French Quarter. Stabilis further demonstrated its commitment by paying a broker fee equivalent to 1.0% of the loan amount at closing.