CBRE Investment Management Provides $37.2M Mortgage Loan For Roswell Multifamily Property

The multifamily property located at 11251 Alpharetta Hwy in Roswell, Georgia has recently undergone a closed transaction. The property consists of 236 units and is owned by TerraCap Management. The deal involved a mortgage loan provided by CBRE Investment Management. The loan amount was $37,200,000, and it is a floating rate loan with an initial term of four years.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $37,200,000
• Address: 11251 Alpharetta Hwy, Roswell, Georgia
• Market: Roswell, Georgia
• Units: 236

Charles Kim from CBRE Investment Management served as the lender for the loan. Matt Williams and Kyle Schlitt from Newmark represented the landlord, TerraCap Management, in the deal.