BlackRock Provides $41M Refi for South Carolina Multifamily Complex

Evolve Companies has secured $41 million to refinance Evolve New Hope Farm, a 280-unit apartment community in Wellford, S.C., Commercial Observer can first report. BlackRock provided the nonrecourse debt, while Northmarq’s West Palm Beach debt and equity financing team, led by Chris Hammel, arranged the transaction. Hammel said in a statement that the financing “met […]