FINANCED
Meridian Capital Group Arranges $25.5M Acquisition Loan For Multifamily Property In Colorado Springs
Meridian Capital Group brokers loan for $25,461,000 in Colorado Springs
MultiFamily
Financed 295 days ago
Summary
Loan
COLORADO
MultiFamily
An acquisition loan in the amount of $25,461,000 has been secured for a multifamily property located in Colorado Springs, CO. The loan was facilitated by Seth Grossman and John Bianco of Meridian Capital Group, one of America's most active real estate finance and advisory firms.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $25,461,000
- Loan Type: Acquisition
- Loan Terms: SOFR + 230bps, 10-Year Term, 5 Years Interest Only
- Market: Colorado Springs, CO
Meridian Capital Group, known for its expertise in real estate financing and advisory services, has successfully closed over $55 billion in financing in 2021. The firm represents leading real estate investors and developers and deals with various property types, including multifamily, office, retail, hotel, mixed-use, industrial, and construction.
Players
All
4
Agents
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Agencies
2
Details
FINANCED
IMAGE: Seth Grossman & John Bianco
DATE: 10/18/2022
MARKET: Colorado Springs, CO
ASSET TYPE: Multifamily
BROKERS: Seth Grossman & John Bianco (@JohnBianco27) - Meridian Capital Group (@Meridian.Capital.Group)
LOAN AMOUNT: $25,461,000
LOAN TYPE: Acquisition
LOAN TERMS: SOFR + 230bps, 10-Year Term, 5 Years Interest Only
NOTE FROM @Meridian.Capital.Group: Meridian Capital Group is America’s most active real estate finance and advisory firm, having closed over $55 billion in financing in 2021 across all property types, including multifamily, office, retail, hotel, mixed-use, industrial, and construction. Meridian represents many of the world’s leading real estate investors and developers.View on map
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AddressMeridian Capital Group brokers loan for $25,461,000 in Colorado Springs
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