Acore Capital Provides $79.4M Acquisition Loan For Multifamily Property In Mesa, AZ

The multifamily property located at 1840 W Emelita Ave in Mesa, AZ has recently been involved in a closed transaction. The property was acquired by Western Wealth Capital, with the assistance of brokers Andy Hill and Tyler Nowlin from Berkadia. The property is situated in the Mesa market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $79,400,000

The loan for the acquisition was provided by Acore Capital. The financing amount totaled $79,400,000. This acquisition financing played a crucial role in the completion of the transaction, enabling Western Wealth Capital to secure the property.

Andy Hill and Tyler Nowlin, representing Berkadia, acted as the brokers for this deal. Their expertise and guidance assisted Western Wealth Capital in successfully acquiring the property. Their involvement highlights the importance of experienced brokers in closing complex transactions.