American Capital Group Refinances Multifamily Property In Elk Grove With $34M Loan From Hartford Investment Management Co

A multifamily property located at 8760 Center Parkway in Elk Grove has recently undergone a refinancing transaction. The property, owned by American Capital Group, attracted a loan of $34,000,000 from Hartford Investment Management Co.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $34,000,000
• Address: 8760 Center Parkway
• Market: Elk Grove
• Landlord: American Capital Group
• Lender: Hartford Investment Management Co.
• Brokers: Dave Karson, Chris Moyer & John Spreitzer - Cushman & Wakefield

The loan, which took place on 04/18/2022, involved the efforts of brokers Dave Karson, Chris Moyer, and John Spreitzer, who represented American Capital Group in the deal. The refinancing, organized by Hartford Investment Management Co., serves as a testament to the attractive potential of the multifamily asset located at 8760 Center Parkway in Elk Grove.