Forest Ridge Apartments

Location: Parma, OH
Type: Multifamily
Price: $ 5,700,000

SMC has provided a single $5,700,000 ten-year fixed rate first mortgage to refinance the existing debt collateralized by Forest Ridge Apartments, a 220 unit Class B garden-style apartment property located in Parma, OH. The Property’s amenity base includes a swimming pool, on-site laundry, a family playground area, 24-hour maintenance services, and resident storage space.