Fernmoor Homes Acquires Multifamily Property In Mount Holly For $26M

The multifamily property located at 1 Kirby Court in Mount Holly has been involved in a recent transaction. The property consists of 108 units and is owned by Fernmoor Homes, represented by Jeffrey Fernbach. The loan for this transaction was provided by Dwight Mortgage Trust.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $26,000,000
• Date: 03/08/2023
• Address: 1 Kirby Court, Mount Holly
• Market: Mount Holly
• Units: 108

Jeffrey Fernbach of Fernmoor Homes served as the landlord in this transaction. The loan amount for the deal was $26,000,000, and it was categorized as a bridge loan.