Nathan Paine Secures $7.85M Loan For Winchester Woods Multifamily In Portland, ME

The property asset involved in the transaction is a multifamily unit located at 17 Winchester Drive, Portland, ME. The asset encompasses a total square footage of 50,000 with 48 units. The loan amount for the acquisition stands at $7,850,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,850,000
• Lender: Jared Sobel & Michael Ianno – Walker & Dunlop
• Landlord: Nathan Paine
• Broker: John Finegan - The Boulous Company

This deal features key individuals including Jared Sobel and Michael Ianno, who acted as lenders from Walker & Dunlop, facilitating the loan for the acquisition. The broker John Finegan from The Boulous Companyrepresented the interests of Nathan Paine, the landlord involved in the transaction.