Buckingham Advisors Arranges $14MM JV Equity Placement For El Paso Multifamily
FINANCED
National
See Similar DealsMultiFamily253,587 SF
Financed 10/23/2022
FINANCED
Buckingham Advisors Arranges $14MM JV Equity Placement For El Paso Multifamily
201 Isela Rubalcava Ave, El Paso, TX 79932, USA
See Similar DealsMultiFamily253,587 SF
Financed 10/23/2022
Summary
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:253,587 SF
Transaction Type:Loan
A $14 million JV Equity Placement has been successfully provided by Buckingham Advisors for a 276-unit Multifamily development located at 6650 TX-16 Spur in the Northwest Submarket of El Paso, TX. The property spans 255,920 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,000,000
- Units: 276
- Square Footage: 255,920 SF
- Address: 6650 TX-16 Spur, El Paso, TX
- Market: Northwest Submarket - El Paso, TX
The JV partnership for this development involves a multi-family office, while Jordan Furman from Ascent Holdings acts as the landlord. The brokers involved in this transaction are Simon Goldstein and Jon Livi from Buckingham Advisors.
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