Everlake Life Insurance Co Provides $41M Acquisition Loan For Millburn & Co

The 220-unit Landing at Fiesta Village apartment complex in Mesa, AZ, was purchased by Millburn & Co. with $41 million in financing provided by Everlake Life Insurance Co. The property, built in 2022, offers one- to three-bedroom units with rents starting at $1,599. Amenities include a pool, spa, and pet park.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $41,000,000
• Units: 220
• Address: 1310 West Southern Avenue
• Market: Mesa, AZ

Everlake Life Insurance Co. played a crucial role in financing the acquisition deal, while Millburn & Co. successfully secured the property. The apartment complex's features and amenities further enhance its appeal in the Mesa market, making it a valuable asset for both parties involved in the transaction.