Cushman & Wakefield Brokers $28.2M Freddie Mac Loan For Landmark Apartments In Tuscaloosa

The transaction involves the 264-unit Landmark Apartments located at 5501 Old Montgomery Highway in Tuscaloosa, AL. The property is categorized as multifamily and engaged in an acquisition loan with a total loan amount of $28,200,000 arranged through Freddie Mac.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,200,000
• Units: 264
• Lender: Freddie Mac
• Brokers: Andrew Brown & Craig Hey - Cushman & Wakefield
• Loan Type: Acquisition

Greystone was responsible for arranging the acquisition loan for the Landmark Apartments, with Cushman & Wakefield actively managing the brokerage aspects of this transaction, involving seasoned brokers Andrew Brown and Craig Hey.