Sheridan Capital Provides $38.4M Bridge Loan For Multifamily Property In Riverdale, GA

The asset involved in this transaction is a multifamily property located at 5758 Highway 85, Riverdale, GA, featuring a total of 387 units. The property was financed through a bridge loan totaling $38,400,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $38,400,000
• Lender: Sheridan Capital
• Loan Type: Bridge Loan
• Deal Date: 03/01/2022
• Brokers: Michael Yassky; Joe Hercenberg - Walker and Dunlop
• Lender Representatives: Michael Yassky, Lee Shwartz & Aaron Kurlansky

Key individuals involved in the transaction include brokers Michael Yassky and Joe Hercenberg, who represented the deal. The lenders, Michael Yassky, Lee Shwartz, and Aaron Kurlansky from Sheridan Capital, facilitated the financing for this multifamily property transaction.