Societe Generale Provides $47 Million Refinance For Aspen Grove Apartments In Warminster PA

The transaction involves Aspen Grove Apartments, a multifamily asset located at 120 Street Road in Warminster, PA, featuring 465 units and a total square footage of 792,226. The loan amount agreed upon for refinancing is $47,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $47,000,000
• Address: 120 Street Road
• Market: Warminster, PA
• Units: 465
• Square Footage: 792,226
• Lender: Societe Generale Group
• Broker Representatives: Avi Weinstock, Dovid Kaufman, Chesky Klein - Meridian Capital Group
• Loan Type: Refinance

The financing was arranged by Meridian Capital Group, with the deal team comprising Executive Vice President Avi Weinstock, Associate Chesky Klein, and Director of Lender Relationships Dovid Kaufman. The financing was provided by Societe Generale, led by Ben Fishkind.