Bridge Investment Group Provides $50.8 Million Acquisition Financing For Multifamily Property In Georgia

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.