Red Oak Capital Holdings

Red Oak Capital Provides $8.7M Acquisition Loan for Multifamily Property in East Point, Georgia

May 2, 2025
| REBusiness Online
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EAST POINT, GA. — Red Oak Capital Holdings has provided an $8.7 million bridge loan for the acquisition and renovation of Garden Courts Apartments, an 86-unit multifamily community in the southwestern Atlanta suburb of East Point within three miles of Hartsfield-Jackson Atlanta International Airport. Underwritten within Red Oak’s Opportunistic Bridge Loan Program, the nonrecourse, interest-only loan carries a two-year term with a 73.9 percent loan-to-value ratio. Dave Christensen, Thomas Gorsk and James Myatt of Red Oak originated the loan. Arden Gist of Gist Group LLC arranged the financing on behalf of the borrower, Atlanta-based Miller Capital Properties.

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Oak Real Estate Partners' alternative investment platform is built around lending solutions that are financially engineered and structured to deliver alternative asset opportunities designed to align and support institutional investment objectives.
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