Eastern Union Secures $12.05M Loan For Wolf Creek Multifamily Acquisition | 500 North Caraway Road | Marc Tropp | MultiFamily | Loan

Summary

Loan

ARKANSAS

MultiFamily

The acquisition and conversion of Wolf Creek, a 192-unit multifamily property at 500 North Caraway Road in Jonesboro, AR, was facilitated through a $12,050,000 financing secured by Eastern Union, represented by Marc Tropp.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $12,050,000
Units: 192
Market: Jonesboro, AR
Address: 500 North Caraway Road
Landlord: Hillcrest Acquisitions
Broker: Marc Tropp
Loan Type: Acquisition

The financing support for the acquisition and conversion of Wolf Creek was effectively orchestrated by Marc Tropp representing Eastern Union, adding a layer of expertise to the transaction.

Players

All
1

Agents
1

Marc Tropp

Senior Managing Director

$11.8M Sold

Details

Deal Summary

FINANCED

IMAGE: 04/09/2024 ADDRESS: 500 North Caraway Road MARKET: Jonesboro, AR ASSET TYPE: Multifamily ~ UNITS: 192 LANDLORD: Hillcrest Acquisitions BROKER: Marc Tropp LOAN AMOUNT: $12,050,000 LOAN TYPE: Acquisition NOTE: Eastern Union, through Marc Tropp, secured $12,050,000 in financing for the acquisition and conversion of Wolf Creek, a 192-unit multifamily property at 500 North Caraway Road in Jonesboro, AR.

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Address500 North Caraway Road

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