FINANCED
Gindi Equities Acquires 224-Unit Multifamily Property In Chapel Hill, NC For $30.3M Loan
2701 Homestead Road
MultiFamily
932 SF
932 SF
Financed 1 year ago
Summary
Loan
NORTH CAROLINA
MultiFamily
932 sqft
The multifamily property located at 2701 Homestead Rd in Chapel Hill, NC has been involved in a recent closed transaction. The property consists of 224 units and has been acquired by Gindi Equities.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $30,300,000
- Address: 2701 Homestead Rd, Chapel Hill, NC
- Market: Chapel Hill, NC
- Units: 224
The loan for this acquisition was provided by Harbor Group International Commercial Funding, LLC. The loan amount is $30,300,000, and the loan terms are for a three-year period.
The brokers involved in this transaction were Blake Cohen, Mike Ryan, and Brian Linnihan from Cushman & Wakefield.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Blake Cohen, Mike Ryan & Brian Linnihan
DATE: 11/11/2021
ADDRESS: 2701 Homestead Rd
MARKET: Chapel Hill, NC
ASSET TYPE: Multifamily ~ UNITS: 224
LENDER: Harbor Group International Commercial Funding, LLC
LANDLORD: Gindi Equities
BROKERS: Blake Cohen, Mike Ryan & Brian Linnihan - Cushman & Wakefield
LOAN AMOUNT: $30,300,000
LOAN TYPE: Acquisition
LOAN TERMS: three-year loanView on map
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Address2701 Homestead Road
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