Ryan Hanks Of Madison Capital Group Secures $223 Million Bridge Loan For Multifamily Properties
Florida
See Similar DealsRyan Hanks Of Madison Capital Group Secures $223 Million Bridge Loan For Multifamily Properties
75 Teigan Trail
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The transaction involves five apartment communities located at 75 Teigan Trail, 7045 Pine Forest Road, 4739 Starr Ranch Road, 2220 Berryhill Road, and 11100 Madison Elm Lane across key Sun Belt markets in North Carolina, South Carolina, and Florida, collectively comprising 1,345 units. The secured loan amount is $223,000,000, and it is a bridge loan facilitating continued multifamily expansion.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $223,000,000
- Units: 1,345
- Addresses: 75 Teigan Trail, 7045 Pine Forest Road, 4739 Starr Ranch Road, 2220 Berryhill Road, 11100 Madison Elm Lane
- Market: Saint Johns & Pensacola, FL; Indian Land, SC; Charlotte & Raleigh, NC
- Loan Type: Bridge
- Landlord: Ryan Hanks - Madison Capital Group
- Brokers: Walker Layne, Austin Sneed & Tyler Evenson - Walker & Dunlop
Madison Capital Group's landlord, Ryan Hanks, navigated this deal with the support of brokers Walker Layne, Austin Sneed, and Tyler Evenson from Walker & Dunlop, who arranged the financing to provide capital flexibility for the firm's multifamily expansion initiatives.
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