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Brook Farm Inks $73M Refi on Covington Apartments

Brook Farm Group refinanced The Sinclair at Callaway Farm, a 388-unit, Class A multifamily community in Covington, Georgia. The $73 million refinancing from Prime Finance replaces the initial construc

Summary

Brook Farm Group refinanced The Sinclair at Callaway Farm, a 388-unit, Class A multifamily community in Covington, Georgia.

The $73 million refinancing from Prime Finance replaces the initial construction loan and preferred equity investment from the project’s inception in 2023.

The refinancing was facilitated by Shawn Rosenthal, Jason Gaccione, and Jake Salkovitz of CBRE’s Debt &...

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