Maximus Real Estate Partners Secures $1.775B Loan For Lakeshore Multifamily
3711 19th Avenue
MultiFamily
3,000,000 SF
3,000,000 SF
Financed 1 year ago
Summary
The multifamily property located at 3711 19th Avenue in Lakeshore was involved in a closed transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,775,000,000
- Address: 3711 19th Avenue
- Market: Lakeshore
- Lender: Citi, Barclays, AIMCO
- Landlord: Maximus Real Estate Partners - Robert Rosania
- Loan Terms: CMBS, fixed-rate, interest-only
- Units: 3,221
- Square Footage: 3,000,000
- Brokers: Patrick Hanlon - Ackman Ziff, Adam Spies & Doug Harmon ushwake
The loan for this transaction was provided by Citi, Barclays, and AIMCO. The loan amount was $1,775,000,000 and the loan terms included CMBS, fixed-rate, and interest-only payments. The property consists of 3,221 units with a total square footage of 3,000,000. The landlords involved in the deal are Maximus Real Estate Partners, represented by Robert Rosania. The brokers representing the transaction were Patrick Hanlon from Ackman Ziff and Adam Spies & Doug Harmon from ushwake.
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3711 19th Avenue
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