The Fountain Parc Apartments, a multifamily property with 241 units spanning across 15 acres, located at 4901 Whitton Place in Indianapolis, IN, has undergone a refinancing transaction. The loan amount for this deal amounted to $26,800,000, secured by Pepper Pike Capital Partners from Dwight Mortgage Trust. The property features various amenities and is situated in the Eastwood neighborhood.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $26,800,000
• Units: 241
• Acres: 15
• Address: 4901 Whitton Place
• Market: Indianapolis, IN

David Scheer from Dwight Capital served as the lender in this transaction, providing bridge financing to Pepper Pike Capital Partners for the refinance of the Fountain Parc Apartments. On the other hand, Paul E. Kiebler, IV of Pepper Pike Capital Partners acted as the landlord. The funding acquired will be utilized to pay off existing debt and facilitate interior enhancements at the property.