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M3 Acquires Hallmark Apartments!

By March 11, 2015November 22nd, 2021No Comments

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Hallmark Apartments, an 89 unit apartment community located in San Antonio and renamed the Colony Uptown Apartments, was acquired by M3 Multifamily Fund #2. The property will undergo an $800k renovation that includes window replacement, major driveway upgrade and landscape enhancement and was financed with a ten year Freddie Mac loan at an interest rate of 4.25% with 5 years of interest only payments.

Author Sophia Uretz

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