Square Mile Capital Provides $45M Refinance Loan For Multifamily Property In Tempe, AZ

A multifamily property located at 707 S. Farmer Ave in Tempe, AZ was recently involved in a closed transaction. The property has a total square footage of 347,380 and is situated in the Tempe market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $45,000,000

The loan for this transaction was provided by Square Mile Capital. The loan amount was $45,000,000, and it was a refinance loan. The loan terms were structured as 2+1+1+1.

The brokers representing this deal were David Bollag, Drew Anderman, and Jared Fried from Meridian Capital Group.