The Ann Street Lofts, a newly built multifamily property in Savannah, GA, received a $78.6 million loan for refinancing, with BentallGreenOak (BGO) providing a five-year, floating-rate bridge loan, replacing previous construction debt from Cerberus Capital Management.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $78,600,000
• Address: 111 Ann Street
• Market: Savannah, GA
• Lender: BentallGreenOak (BGO)
• Landlord: Tidal Real Estate Partners
• Brokers: Aaron Appel, Christopher de Raet, Jonathan Schwartz, Keith Kurland & Michael Ianno - Walker & Dunlop
• Loan Type: Refinance
• Loan Terms: five-year, floating-rate bridge loan

Tidal Real Estate Partners successfully secured the $78.6 million loan through the collaboration with BentallGreenOak (BGO) for the refinancing of the Ann Street Lofts in Savannah, GA. The deal was facilitated by a team of brokers from Walker & Dunlop including Aaron Appel, Christopher de Raet, Jonathan Schwartz, Keith Kurland, and Michael Ianno.