SOLU Real Estate Secures $18.7 Million Loan From Ladder Capital For Talawanda Grove Apartments

The asset involved in the transaction is the Talawanda Grove Apartments located at 5081 Red Cloud Court in Oxford, OH. The transaction is significant as it involves a loan amount of $18,700,000 which is designated for acquisition purposes, illustrating the multifamily asset's investment value in the market.

The deal was facilitated by Matthew Baron, who served as the loan originator, representing Ladder Capital in this loan transaction. Adam Lutz represented the landlord, SOLU Real Estate, providing expertise through Lutz Real Estate Investments in the negotiation process for the acquisition financing.