Michael White, Graham Crain & Dillon Hazlett Secure $20.79M Loan From Ladder Capital For Multifamily Acquisition In Kansas City

The property involved in this transaction is a multi-family asset located at 8550 North Main Street, Kansas City, MO, encompassing a total square footage of 108,841 and consisting of 121 units. The loan amount secured for this acquisition is $20,790,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $20,790,000
• Address: 8550 North Main Street
• Market: Kansas City, MO
• Asset Size: 108,841 SF
• Units: 121
• Lender: Ladder Capital
• Loan Originators: Adam Siper & Ezra Kwestel - Ladder Capital
• Borrowers: Michael White, Graham Crain & Dillon Hazlett
• Landlord's Representatives: Frank Sciara, Alex Hilton & Jake Pritchard - Walker & Dunlop
• Loan Type: Acquisition

The deal features key participation from Ladder Capital, serving as the lender with Adam Siper and Ezra Kwestel acting as the loan originators. The borrowing party includes Michael White, Graham Crain, and Dillon Hazlett. Additionally, the landlord's representation in this transaction is managed by Frank Sciara, Alex Hilton, and Jake Pritchard from Walker & Dunlop.