Fannie Mae Provides $10,146,000 Acquisition Loan For Wilmington Multifamily Property

The property asset involved in the transaction is a multifamily unit located at 3403 Lancaster Pike in Wilmington, DE. The total square footage of the asset is 76,250, and it is financed through a loan amounting to $10,146,000 specifically intended for acquisition purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,146,000
• Address: 3403 Lancaster Pike
• Market: Wilmington, DE
• Asset Size: 76,250 SF
• Lender: Fannie Mae
• Landlord's Rep: Meir Schlusselberg & Eli Serebrowski - Arrow Real Estate Advisors

This transaction involved key representatives from Arrow Real Estate Advisors, specifically Meir Schlusselberg and Eli Serebrowski, who acted as the landlord's representatives in the deal, facilitating the acquisition from their position in the transaction.