ICER Properties Acquires Six Multifamily Properties In Atlanta, Jonesboro, Lithonia, Morrow & Conyers For $130M Loan
Meridian Capital Group brokers loan on six multifamily properties in Atlanta, Jonesboro, Lithonia, Morrow & Conyers for $130M
MultiFamily
1,200,000 SF
1,200,000 SF
Financed 1 year ago
Summary
Six multifamily properties located in Atlanta, Jonesboro, Lithonia, Morrow, and Conyers have been involved in a recent loan transaction. The total square footage of the properties is 1,200,000, and they consist of 1,187 units. The loan, which took place on October 27, 2021, was an acquisition loan.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $130,000,000
- Address: Atlanta, Jonesboro, Lithonia, Morrow, and Conyers
- Market: Atlanta, Jonesboro, Lithonia, Morrow, and Conyers
- Landlord: ICER Properties - Joseph Jemal
- Brokers: Cary Pollack & Judah Neuman - Meridian Capital Group
The loan features a LIBOR-based rate and has a term of 36 months.
Players
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3
Agents
2
Agencies
1
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Meridian Capital Group brokers loan on six multifamily properties in Atlanta, Jonesboro, Lithonia, Morrow & Conyers for $130M
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