Shailesh Patel Secures $1.048M Loan For Multifamily Acquisition In Fall River, MA

The property asset involved in this transaction is a multifamily unit located at 49 Hamlet Street in Fall River, MA. The asset spans a total square footage of 6,204 and comprises 6 units. The loan amount secured for acquisition is $1,048,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,048,000
• Lender: Crowd Lending, Inc
• Landlord: Shailesh Patel
• Broker: Robert Nichols - MIG Advisory
• Loan Type: Acquisition
• Loan Terms: 1

This transaction features key stakeholders such as lender Crowd Lending, Inc, and landlord Shailesh Patel, with Robert Nichols representing the broker through MIG Advisory. Their roles highlight the distinct responsibilities in this multifamily acquisition deal.