Berkadia Secures $42.9M Loan For Acquisition Of Legacy Park Multifamily Property

Berkadia has secured a $29.9 million Freddie Mac loan and $13 million in institutional equity to facilitate the acquisition of Legacy Park, a 250-unit apartment community in Brownsburg, Indiana. The property, located at 6750 Legacy Park Drive, offers a multifamily asset with a total of 250 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $42,900,000
• Units: 250
• Address: 6750 Legacy Park Drive
• Market: Brownsburg, IN

Chinmay Bhatt, Cody Kirkpatrick, Noam Franklin, and Richard Levine, all representing Berkadia, played key roles in securing the loan and equity for the acquisition of Legacy Park in Brownsburg, Indiana.