Eminent Capital Secures $25 Million Loan From M&T Realty Capital For 140-Unit Multifamily Property

The property asset involved in this transaction is a multifamily complex located at 106 Whaler Wy in Burlington, comprising 140 units with a total square footage of 142,632. The acquisition loan amount for this transaction is $25,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $25,000,000
• Address: 106 Whaler Wy
• Market: Burlington
• Units: 140
• Square Footage: 142,632
• Lender: Michael Casey - M&T Realty Capital Corporation
• Landlord: Eminent Capital
• Broker Representatives: Abe Wurzberger & Steve David - Rosewood Realty Group

Key individuals in this transaction include Michael Casey representing M&T Realty Capital Corporation as the lender, while Eminent Capital acts as the landlord for the property. The brokers facilitating the deal are Abe Wurzberger and Steve David from Rosewood Realty Group.