Bridge Investment Group Provides $50.8 Million Acquisition Financing For Multifamily Property In Georgia
FINANCED
$50,800,000
Georgia
See Similar DealsMultiFamily
Financed 02/26/2026
FINANCED
Bridge Investment Group Provides $50.8 Million Acquisition Financing For Multifamily Property In Georgia
1150 Brampton Avenue & 2201 Baytree Road
See Similar DealsMultiFamily
Financed 02/26/2026
Summary
GEORGIA
Asset Type:MultiFamily
Transaction Type:Loan
The acquisition involves a multifamily asset located at 1150 Brampton Avenue & 2201 Baytree Road within the Statesboro and Valdosta, GA markets, consisting of a total of 416 units. The transaction was supported through an acquisition financing loan amounting to $50,800,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $50,800,000
- Loan Type: Acquisition
- Lender: Joe Tufariello - Bridge Investment Group
- Advisors: Jake Kahn, Max Herzog & Marko Kazanjian - Institutional Property Advisors (IPA)
The transaction highlights significant participants such as Joe Tufariello, who represented the lending side, and Jake Kahn, Max Herzog, and Marko Kazanjian, who provided advisory services for the acquisition. Their roles were pivotal in facilitating the financing needed for this multifamily asset transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$50,800,000.00
Monthly NOI$338,666.67
Monthly Debt Service$321,090.56
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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