Sheridan Capital Provides $10.14 Million Acquisition Loan For Multifamily Asset In Alabama

The asset involved in the transaction is a multifamily property with a total of 364 units located at 107 Sterling Court Northwest and 856 Parkbrook Trl, within the Center Point & Birmingham, AL market. The acquisition loan amount secured for this property is $10,140,000.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $10,140,000
• Lender: Sheridan Capital
• Lender's Representative: Aaron Kurlansky - Sheridan Capital
• Loan Type: Acquisition
• Market: Center Point & Birmingham, AL
• Units: 364

The key individual involved in this transaction is Aaron Kurlansky, representing Sheridan Capital in the capacity of the lender’s representative for the loan facilitated for the acquisition of the property.