Loan Secured For Residential Conversion In New Orleans For $23.5 Million By Arrow Real Estate Advisors

The transaction involved a loan for a residential conversion in New Orleans, LA. The loan amount secured was $23,500,000, and it falls under the category of lender finance.

Summary of transaction details:

• Property Type: Residential Conversion
• Transaction Amount: $23,500,000
• Loan Type: Lender Finance
• Market: New Orleans, LA
• Landlord's Representative: Alex Bailkin, Matt OHanlon & Morris Betesh - Arrow Real Estate Advisors

The key individuals involved in this transaction included Alex Bailkin, Matt OHanlon, and Morris Betesh, who represented the landlord through Arrow Real Estate Advisors, facilitating the loan process for the property involved in the deal.