Meridian Capital Group Arranges $7.5M Loan For Multifamily Property On Warren Drive In Little Rock | Warren Drive | Morris Diamant, Akiva Rosenberg, Abe Klein | MultiFamily | Loan

Summary

Loan

ARKANSAS

MultiFamily

A multifamily property located on Warren Drive in Little Rock, AR has recently closed in a transaction. The property, represented by Abe Klein, Morris Diamant, and Akiva Rosenberg of Meridian Capital Group, was sold for an undisclosed amount.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: Undisclosed
Location: Warren Drive, Little Rock, AR
Market: Little Rock, AR
Brokers: Abe Klein, Morris Diamant, and Akiva Rosenberg - Meridian Capital Group

The deal involved a purchase loan of $7,500,000. This loan, provided by an undisclosed lender, includes the following terms: 80% loan-to-cost (LTC), a 2-year fixed rate term, and an open prepayment option.

Players

All
4

Agents
3
Agencies
1

Morris Diamant

Senior Managing Director

$15.5M Sold

$9M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Morris Diamant, Abe Klein & Akiva Rosenberg DATE: 11/01/2022 ADDRESS: Warren Drive MARKET: Little Rock, AR ASSET TYPE: Multifamily BROKERS: Abe Klein, Morris Diamant & Akiva Rosenberg - Meridian Capital Group LOAN AMOUNT: $7,500,000 LOAN TYPE: Purchase LOAN TERMS: 80% ltc, 2 year fixed rate term, open prepay Abe Klein, Morris Diamant, Akiva Rosenberg - Meridian Capital Group

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AddressWarren Drive

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