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Maxus Realty Trust Secures $24.6 Million Refi for Mobile-Area Apartment Complex

Freddie Mac Provides Seven-Year Loan for 240-Unit Olde Oak Apartments
Olde Oak Apartments is located at <bsp-property-link href="http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=1&amp;redirUrl=redir%2FDefault.aspx%3FProductMode%3DProperty%26eid%3D7693997" target="_blank" property-id="7693997" label="1200 Grande Oak Blvd." class="rte2-style-costar-rte-PropertyLinkRichTextElement" link-data="{&quot;cms.site.owner&quot;:{&quot;_ref&quot;:&quot;00000164-904d-d794-ad6f-dcff6d680000&quot;,&quot;_type&quot;:&quot;ae3387cc-b875-31b7-b82d-63fd8d758c20&quot;},&quot;cms.content.publishDate&quot;:1633539822573,&quot;cms.content.publishUser&quot;:{&quot;_ref&quot;:&quot;00000166-b63d-d0e4-ade7-fefd98da0000&quot;,&quot;_type&quot;:&quot;6aa69ae1-35be-30dc-87e9-410da9e1cdcc&quot;},&quot;cms.content.updateDate&quot;:1633539822573,&quot;cms.content.updateUser&quot;:{&quot;_ref&quot;:&quot;00000166-b63d-d0e4-ade7-fefd98da0000&quot;,&quot;_type&quot;:&quot;6aa69ae1-35be-30dc-87e9-410da9e1cdcc&quot;},&quot;linkText&quot;:&quot;1200 Grande Oak Blvd.&quot;,&quot;deepLinkId&quot;:&quot;7693997&quot;,&quot;link&quot;:{&quot;target&quot;:&quot;NEW&quot;,&quot;attributes&quot;:[{&quot;name&quot;:&quot;property-id&quot;,&quot;value&quot;:&quot;7693997&quot;,&quot;_id&quot;:&quot;0000018b-66d1-d5c7-a9db-7efbc8050001&quot;,&quot;_type&quot;:&quot;150982d2-afb0-32bc-8e8f-34b38a365261&quot;},{&quot;name&quot;:&quot;label&quot;,&quot;value&quot;:&quot;1200 Grande Oak Blvd.&quot;,&quot;_id&quot;:&quot;0000018b-66d1-d5c7-a9db-7efbc8050002&quot;,&quot;_type&quot;:&quot;150982d2-afb0-32bc-8e8f-34b38a365261&quot;},{&quot;name&quot;:&quot;class&quot;,&quot;value&quot;:&quot;rte2-style-costar-rte-PropertyLinkRichTextElement&quot;,&quot;_id&quot;:&quot;0000018b-66d1-d5c7-a9db-7efbc8050003&quot;,&quot;_type&quot;:&quot;150982d2-afb0-32bc-8e8f-34b38a365261&quot;}],&quot;url&quot;:&quot;http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=1&amp;redirUrl=redir%2FDefault.aspx%3FProductMode%3DProperty%26eid%3D7693997&quot;,&quot;_id&quot;:&quot;0000018b-66d1-d5c7-a9db-7efbc8050000&quot;,&quot;_type&quot;:&quot;ff658216-e70f-39d0-b660-bdfe57a5599a&quot;},&quot;disableRelation&quot;:false,&quot;_id&quot;:&quot;0000017c-568f-de55-adfe-d6bf8e300000&quot;,&quot;_type&quot;:&quot;a02711fd-84cb-3e05-af9a-9cc94da9728a&quot;}" data-deep-link-type="property" data-deep-link-id="7693997" data-disable-relation="false">1200 Grande Oak Blvd.</bsp-property-link> in Saraland, a suburb of Mobile. (CoStar)
Olde Oak Apartments is located at 1200 Grande Oak Blvd. in Saraland, a suburb of Mobile. (CoStar)
By Carlos Likins
CoStar News
October 6, 2021 | 5:14 P.M.

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Maxus Realty Trust has secured a $24.58 million loan to refinance Olde Oak Apartments, a garden-style multifamily complex in the Mobile, Alabama, area.

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