Westside Capital Group Acquires Multifamily Property In Hoover, Alabama For $75.56M

Westside Capital Group, led by Jakub Hejl, has acquired a multifamily property located at 2135 Centennial Drive in Birmingham, Alabama. The property is situated in the Hoover market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $75,560,000
• Loan Type: Acquisition

The acquisition was made possible with the assistance of berkadia''>berkadia'>Berkadia, one of the leading lenders in the industry. Berkadia, in collaboration with Freddie Mac, originated two loans to finance the transaction. The loans, both 10-year floating rate loans, amounted to $75,560,000.

Charles Foschini and Christopher Apone from Berkadia represented the buyer, Westside Capital Group, in this transaction.