The multifamily property located at 1224 East Lemon Street in Tempe, AZ spans 55,095 square feet and comprises 65 units. The property was acquired with a $10,500,000 bridge loan provided by Calmwater Capital, with Zach Novatt, Larry Grantham, and DaJuan Bennett representing the lending institution.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,500,000
• Loan Type: Bridge
• Loan Terms: Two years
• Lender: Calmwater Capital - Zach Novatt, Larry Grantham & DaJuan Bennett

Zach Novatt, Larry Grantham, and DaJuan Bennett played crucial roles as representatives of Calmwater Capital in facilitating the $10,500,000 bridge loan for the acquisition of the multifamily property in Tempe, AZ.