Greenlight Communities Secures $31.2 Million Loan For Cabana Bullard Multifamily In Goodyear AZ

The transaction involved a multifamily asset located at 14780 West Van Buren Street in Goodyear, AZ, comprising 336 units. The refinancing was arranged for a total amount of $31,200,000. The deal included a three-year, full-term interest-only loan with a competitive rate and flexible terms.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $31,200,000
• Loan Terms: three-year, full-term interest-only loan
• Market: Goodyear, AZ
• Units: 336
• Landlord: Greenlight Communities
• Brokers: Charlie Williams & Matthew Terpstra - Bellwether Enterprise (BWE)

BWE facilitated the financing through a collaboration with a national life company lender. The loan was specifically obtained to refinance Cabana Bullard, a newly built apartment community, highlighting the involvement of key brokers in the transaction.