Kinsley Properties LLC Secures $6M Loan For 56-Unit Multifamily Acquisition In Lakeland
Florida
See Similar DealsKinsley Properties LLC Secures $6M Loan For 56-Unit Multifamily Acquisition In Lakeland
915 Ariana Street
See Similar DealsSummary
915 Ariana Street is a multifamily property located in Lakeland, Florida, comprising 56 units. The acquisition financing secured for this asset amounts to $6,000,000, arranged with a 10-year term and five years of interest-only payments.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,000,000
- Loan Type: Acquisition
- Loan Terms: 10-year term, with five years of interest-only
- Landlord: Kinsley Properties LLC
- Broker: Eric Fixler - Northmarq
Eric Fixler, representing Northmarq’s West Palm Beach Debt + Equity team, facilitated the acquisition financing for Kinsley Properties LLC through Northmarq’s Fannie Mae DUS platform, demonstrating the firm's capability in securing extensive debt solutions in the multifamily sector.
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