Eastern Union Arranges $9.75M Bridge Loan For Multifamily Property In Indianapolis
3710 North Meridian Street
MultiFamily
125,501 SF
125,501 SF
Financed 1 year ago
Summary
A multifamily property located at 3710 N. Meridian St. in Indianapolis, IN has been involved in a closed transaction. The property consists of 195 units and is owned by Crown Capital Ventures and Whitestone Capital.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,750,000
- Loan Type: Bridge
- Loan Terms: Three-year interest-only term, with options for two one-year extensions
The loan for this transaction was provided by Eastern Union, with Michael Wyne representing the lending agency. Michael Wyne is not only the lender but also the loan's representative from Eastern Union. The loan amount of $9,750,000 will be used for this transaction.
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3710 North Meridian Street
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