Renovo Provides $4.7 Million Acquisition Loan For 89-Unit Multifamily Asset In Cincinnati

The transaction involves a multifamily asset consisting of 89 units with a total square footage of 126,000 located in Cincinnati, OH. The loan provided for this acquisition amounts to $4,700,000 and has a loan term of 7 years.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,700,000
• Loan Type: Acquisition
• Loan Terms: 7 Years
• Lender: Renovo
• Brokers: Chaim Weiser & Tzvi Balsam - The Leopard Group

Chaim Weiser and Tzvi Balsam, representing The Leopard Group, played key roles in brokering the deal, facilitating the acquisition process for the involved parties in this transaction.