The Geneva Group Secures $21.962M Acquisition Loan In Tucker, GA | 3797 Lavista Road | Eric Trombly | MultiFamily | Loan

Summary

Loan

GEORGIA

MultiFamily

The multifamily property located at 3797 Lavista Road in Tucker, GA consists of 240 units. The asset was acquired with a $21,962,000 loan from PGIM for the purchase. The loan, facilitated for the acquisition, has a 7-year fixed rate term and features interest-only payments.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $21,962,000
Market: Tucker, GA
Lender: PGIM
Landlord: The Geneva Group
Broker: Eric Trombly - Black Bear Capital Partners
Loan Type: Acquisition

Jarred Elmar played a key role in the transaction, representing The Geneva Group as the landlord's representative in this deal.

Players

All
2

Agents
1
Agencies
1

Eric Trombly

Senior Managing Director

Black Bear Capital Partners

Details

Deal Summary

FINANCED

IMAGE: Jarred Elmar & Eric Trombly DATE: 02/29/2024 ADDRESS: 3797 Lavista Road MARKET: Tucker, GA ASSET TYPE: Multifamily ~ UNITS: 240 LENDER: PGIM (@PGIM) LANDLORD: The Geneva Group BROKER: Eric Trombly (@Trombly17) - Black Bear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $21,962,000 LOAN TYPE: Acquisition LOAN TERMS: The multifamily property, spanning 240 units, was acquired via a 7-year fixed rate loan and includes interest-only payments.

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Address3797 Lavista Road

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