FINANCED
Fannie Mae Provides $30M Acquisition Loan For Columbus Multifamily Property
Newmark brokers loan for $30,000,000 in Columbus
MultiFamily
252,170 SF
252,170 SF
Financed 357 days ago
Summary
Loan
OHIO
MultiFamily
252,170 sqft
A multifamily property in Columbus, with a total square footage of 252,170 and consisting of 230 units, has recently been involved in a loan transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $30,000,000
- Loan Type: Acquisition
- Loan Terms: 7-year Fixed Rate; 70% LTV; 5.25% All-in Rate; 5 years IO
The loan for this property was provided by Fannie Mae. The brokers involved in the transaction were Henry Stimler, Bill Weber, Ricky Warner, and Daniel Sarsfield, who represented the buyer in the deal.
Please note that no additional information was provided in the given context.
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Ricky Warner, Henry Stimler & Bill Weber
DATE: 05/09/2023
MARKET: Columbus
ASSET TYPE: Multifamily ~ SF: 252,170 ~ UNITS: 230
LENDER: Fannie Mae
BROKERS: Henry Stimler (@HenryStimler), Bill Weber, Ricky Warner (@RickyWarner1) & Daniel Sarsfield - Newmark (@Newmark)
LOAN AMOUNT: $30,000,000
LOAN TYPE: Acquisition
LOAN TERMS: 7-yr Fixed Rate; 70% LTV; 5.25% All-in Rate; 5yrs IOView on map
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