Wilkinson Corp. Acquires Legacy Park Multifamily Property In Brownsburg, Indiana With $42.95 Million Loan From Freddie Mac

The Legacy Park apartment property, located at 6750 Legacy Park Drive in Brownsburg, Indiana, has been acquired by Wilkinson Corp. The multifamily property consists of 250 units and was purchased from Birge & Held. The acquisition involved a total financing of $42.95 million, which included a $29.95 million loan from Freddie Mac and $13 million in equity from an institutional investor.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $42,950,000
• Units: 250
• Market: Brownsburg, Indiana
• Lender: Freddie Mac
• Landlord: Wilkinson Corp. - Russell L. Wilkinson
• Broker: Berkadia

Berkadia played a crucial role in facilitating Wilkinson Corp.'s purchase of the Legacy Park apartment property. Acting as the broker, Berkadia connected the buyer and the seller, ensuring a smooth transaction. Russell L. Wilkinson, representing Wilkinson Corp., spearheaded the deal, showcasing their expertise in the Brownsburg property market.