ACRES Provides $48.5 Million for Multifamily Property in Huntsville, AL
FEBRUARY 03, 2026Loan to refinance a newly constructed multifamily community in Alabama.
Huntsville, AL (2026) – ACRES Capital Corp. (together with its affiliates, “ACRES”) announced today that it has provided a $48.5 million bridge loan to refinance Boardwalk at Research Park, a newly constructed 287-unit Class A multifamily community located on Oakwood Road NW in Huntsville, Alabama (the “Property”).
Boardwalk at Research Park is a garden-styleoffering a mix of one, two and three bedroom residences. The Property is located in Northwest Huntsville, a rapidly expanding submarket within Madison County, and offers convenient access to Interstate 565, U.S. Highway 72, and State Routes 255 and 53. Boardwalk at Research Park is proximate to major regional employers, including Mazda Toyota Manufacturing, Boeing, Lockheed Martin, Northrop Grumman, Huntsville Hospital, and Redstone Arsenal, positioning the community to benefit from sustained employment growth and housing demand.
“Boardwalk at Research Park is a high-quality, newly delivered asset in one of the Southeast’s most resilient and rapidly growing markets,” said Mark Fogel, Chief Executive Officer and President of ACRES. “The Property’s high-quality construction, robust amenity package, and proximity to major employment centers make it well-positioned for lease-up and long-term performance. We are pleased to partner with an experienced sponsor on this transaction.”
