Multiple lenders provided financing for communities in such areas as Indianapolis, Texas and the Southeast.
Harbor Group International has landed several loans that will be used to refinance its many communities across the U.S. The company secured $440 million worth of loans from KKR, Freddie Mac and Fannie Mae to refinance 25 of its communities. According to HGI, the refinance loans allowed the company to secure mid-to-long range fixed rate debt with no rate variability, while keeping some prepayment flexibility.