Boyd Wilson Secures $39.35M Loan For Multifamily Properties In Lancaster And Hershey

The transaction involves two multifamily properties located at 9 Lamppost Lane in Lancaster and 199 Cherry Drive in Hershey, Pennsylvania. The loan amount for refinancing these assets is $39,350,000. The properties, known as Pioneer Woods and Rosedale Apartments, are part of the Lancaster and Hershey markets.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $39,350,000
• Lender: Fannie Mae
• Landlord: Boyd Wilson
• Broker Representatives: John Banas & Kristopher (Kris) Wood - NorthMarq
• Loan Terms: 10-year, fixed-rate loans arranged through NorthMarq’s in-house Fannie Mae DUS platform

Boyd Wilson is the landlord of the properties involved in this refinancing deal. The brokerage firm NorthMarq played a significant role in facilitating the transaction, with John Banas and Kristopher (Kris) Wood representing the interests of the landlord in this process.