PR Mortgage & Investments Provides Financing for $50 Million Project in Carmel

PR Mortgage & Investments with multifamily specialist Barrett & Stokely Inc. is proud to provide financing through our parent company, Merchants Bank of Indiana, for a new luxury multifamily apartment community in Carmel Indiana.  The Seasons of Carmel, located at Westfield Boulevard and 98th Street, is a 14 building, 256 unit complex on 21 acres.  The Seasons was designed to mimic an upscale luxury resort and boasts an exquisite amenity package. The community is located on the new Lenape Trail, an extension of the Monon Trail.  Each apartment home features top of the line finishes.  Community amenities include a salt water pool and sunning ledges, a two-story fitness center, outdoor grilling lounge, and fire pits.  In addition, every apartment will have the option for garage parking.  The first units became available in April 2015.

 

PR Mortgage & Investments is celebrating 25 years in business.  Our origination team leverages experience and expertise to provide financing for the development and expansion of multifamily housing projects throughout the Midwest.

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