Lincoln at Ivy Hills

Location: Pontiac, MI
Type: Multifamily
Price: $ 6,150,000

SMC provided a $6,150,000 loan to finance the Borrower’s acquisition of Lincoln at Ivy Hills Apartments. The Property is a 351-unit garden style Class-B multifamily property located in Pontiac, Michigan, bordering the City of Auburn Hills. Built in 1973, the Property consists of eleven buildings standing two and three stories plus a resort-style clubhouse. The Property also includes a large pool, tennis, volleyball, and racquetball courts, and a secured gated entrance.