GID Investment Advisers Secures $627.55M Loan For Multifamily Portfolio In California, Washington, Massachusetts & Georgia

A multifamily asset located in California, Washington, Massachusetts, and Georgia has been involved in a closed transaction. The transaction took place on 08/24/2021 and was facilitated by GID Investment Advisers. The property consists of 2,588 units and the loan amount for the transaction was $627,550,000. The deal was brokered by Ramsey Daya, Stephan Gianoplus, Chris Moritz, and John Westby-Gibson from Newmark.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $627,550,000
• Units: 2,588
• Market: California, Washington, Massachusetts, and Georgia
• Landlord: GID Investment Advisers
• Brokers: Ramsey Daya, Stephan Gianoplus, Chris Moritz, and John Westby-Gibson - Newmark

The deal involved multiple key individuals and companies. GID Investment Advisers acted as the landlord for the transaction. The brokers who played a role in the deal were Ramsey Daya, Stephan Gianoplus, Chris Moritz, and John Westby-Gibson, representing the interests of the parties involved.