FINANCED
Berkadia Provides $72.85M Loan For Bozeman Development Site
2900 South 21st Avenue
Development Site
Financed 230 days ago
Summary
Loan
MONTANA
Development Site
A development site located at 2900 South 21st Avenue in Bozeman, Montana, has secured financing through a $72.85 million loan provided by Berkadia. The loan terms are set for 40 years.
Summary of transaction details:
- Property Type: Development Site
- Loan Amount: $72,850,000
- Loan Terms: 40-year terms
- Lender: Berkadia
- Landlord: Bill Daugherty & Bill Barr - BlackRidge Co
- Market: Bozeman, MT
Berkadia, acting as the lender, has provided $72.85 million in financing for the construction of the second phase of the 19th and Graf Apartment Homes in Bozeman, Montana. The financing is made possible through the U.S. Department of Housing and Urban Development's 221(d)(4) program.
Details
FINANCED
IMAGE: Bill Daugherty & Bill Barr
DATE: 09/19/2023
ADDRESS: 2900 South 21st Avenue
MARKET: Bozeman, MT
ASSET TYPE: Development Site
LENDER: Berkadia
LANDLORD: Bill Daugherty & Bill Barr - BlackRidge Co
LOAN AMOUNT: $72,850,000
LOAN TERMS: 40-year terms
NOTE: Berkadia has provided $72.85 million in financing, through the U.S. Department of Housing and Urban Development's 221(d)(4) program, for the construction of the second phase of the 19th and Graf Apartment Homes in Bozeman, Montana.View on map
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Address2900 South 21st Avenue
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