JLL Capital Markets has arranged the $21.8 million bridge financing for Granby Oaks Apartments, a 148-unit, garden-style community in West Columbia, SC.
JLL represented the sponsor, PAM Associates LLC, to secure the two-year, floating-rate loan through MF1 Capital, LLC.
Built in 1973, the property features one, two- and three-bedroom units across 21 buildings that are currently being renovated. Updates include flooring, new vanities, granite countertops, stainless steel appliances, washers/dryers and hookups, updating trim, repainting, kitchen cabinet upgrades and new subway tiles backsplashes. Community amenities include dining room, clubhouse, laundry facility, courtyard, and swimming pool.
Located at 800 State St., Granby Oaks is situated directly west of downtown Columbia and offers residents easy access to shopping, dining and entertainment options.
The JLL Capital Markets Debt Advisory team was led by Senior Director Thomas E. Didio Jr., Directors Gerard Quinn and Ward Smith and Analyst Michael Mataras.
Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.