Babcock Building, LP has received Firm Commitment on a 208 Class A+ luxury apartment community to be located in the excited Bull Street District in downtown Columbia, SC. Construction began in 2020 with a completion date of mid 2023. The $33M+ FHA loan is in addition to the Historic Tax Credits received to provide additional housing opportunities in a community that is ripe for the high end housing product this project will provide. Berkadia Commercial Mortgage originated the loan and will also service. MSI was selected to manage the property.

Multifamily Select Inc. has been selected as the FHA Approved management agent for the MJV Mill project. Estimated start date of construction will take place in Spring 2022.