MacroReal Investment Group Acquires 209-Unit Multifamily Property In Mesa, AZ With $27.98M Loan From M&T Realty Capital Corp

The Trails at Harris, a 209-unit apartment property located at 1653 South Harris Drive in Mesa, Arizona, has been acquired by an affiliate of MacroReal Investment Group. The property is a multifamily asset situated in the Mesa market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $27,980,000
• Lender: Michael Berman - M&T Realty Capital Corporation
• Landlord: Affiliate of MacroReal Investment Group

M&T Realty Capital Corp. facilitated a $27.98 million Fannie Mae financing deal for the acquisition of Trails at Harris. Michael Berman, representing M&T Realty Capital Corporation, acted as the lender in the transaction. The affiliate of MacroReal Investment Group served as the landlord in this deal.