Updated Sep 15, 2026
Brittenum Group & Realty Capital Partners Secure $53 Million Refinance For The Grove In Rogers AR
1735 West Chandler Avenue
$53,000,000
Units
235
Asset Type
MultiFamily
Closing
Sep 12, 2026
About this deal
AI
The Grove is a multi-family asset located at 1735 West Chandler Avenue in Rogers, Arkansas, featuring a total of 235 residential units. The property is associated with a refinance transaction amounting to $53 million.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $53,000,000
- Address: 1735 West Chandler Avenue
- Market: Rogers, AR
- Units: 235
- Loan Type: Refinance
- Landlord: Brittenum Group & Realty Capital Partners JV
- Broker: John Brickson - Marcus & Millichap
The refinancing was arranged by MMCC for a three-year term on a nonrecourse basis aimed at facilitating the operations of the joint venture between Brittenum Group and Realty Capital Partners.
Players
Rogers MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93