Trident Capital Partners Provides $7.8M Bridge Loan For Multifamily Properties In Mesa Arizona

The asset involved in this transaction comprises two renovated multifamily properties located at 654 South Stapley Drive & 61 May, Mesa, AZ, totaling 58 units. The loan associated with the properties is structured as a bridge loan amounting to $7,800,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,800,000
• Lender: Trident Capital Partners
• Loan Type: Bridge
• Market: Mesa, AZ

The transaction was facilitated by Trident Capital Partners, who provided the bridge loan enabling a refinance outside agency lending. This financial solution is backed by a workforce housing master lease, demonstrating the focus on supportive housing options in the region.