Moshe Horn's Tusk Equity Partners Secures $30M Bridge Loan For Decatur Multifamily Property

Located in Decatur, GA, a closed property transaction involving 3975 Covington Hwy. and 3859 Austin Cir., both multifamily assets, took place. The total square footage of the property is 248,000, and it comprises a total of 254 units. The transaction was dated on 08/09/2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $30,020,000
• Market: Decatur, GA
• Address: 3975 Covington Hwy. & 3859 Austin Cir.
• Square Footage: 248,000
• Units: 254

Moshe Horn, representing Tusk Equity Parnters, served as the landlord in this transaction. The loan for this deal was provided by Merchants Bank with a bridge loan amounting to $30,020,000. The brokers involved in the transaction were Steven Vegh and Phil Goldstein, who represented the sellers and buyers respectively. They are affiliated with Westwood Realty Associates.