Meridian Capital Group Secures $73M Construction Loan For Multifamily Property In Kennesaw, GA
3550 Cherokee Street
MultiFamily
Financed 1 year ago
Summary
Located at 3550 Cherokee St. in Kennesaw, GA, this multifamily property consists of 579 units. The transaction closed on December 15, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $73,000,000
- Market: Kennesaw, GA
The loan for this property was provided by The LifeCo. The non-recourse, five-year, floating rate construction loan features full-term interest-only payments. The loan was arranged by Hannah Howard, Joel Chetner, and Jonathan Zilber from Meridian Capital Group.
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3550 Cherokee Street
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