LaSalle Investment Management Provides $96.7M Loan For Louisville Multifamily Properties Managed By Joseph Waldman

A multi-family asset located at 6106 South Watterson Trail, 12306 Glengrove Cir, and 7703 Cedar Creek Road in Louisville, KY, comprises a total of 640 units. The property was financed through a significant loan amounting to $96,700,000 provided by LaSalle Investment Management.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $96,700,000
• Lender: LaSalle Investment Management
• Landlord: Joseph Waldman - Highgates Group
• Broker: Jonathan Zilber - Walker & Dunlop

This transaction involved LaSalle Investment Management, which utilized its LaSalle Real Estate Credit Strategies REIT for the mortgage financing. Notably, the REIT has raised over $700 million in capital commitments designated for senior loans across the country.