The transaction involved two multifamily properties located at 800 State Street in West Columbia, SC, and 570 Mcmurray Drive in Nashville, TN, comprising a total of 306 units. The financing for this transaction amounted to $33,860,000, arranged through Freddie Mac and facilitated by JLL Capital Markets. Both properties are part of garden-style multifamily communities that have recently undergone multimillion-dollar renovations.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $33,860,000
• Lender: Freddie Mac
• Landlord: PAM Associates LLC
• Units: 306
• Location: West Columbia, SC & Nashville, TN
• Brokers: Thomas (Tom) Didio, Thomas E. Didio, Jr, Gerard Quinn, Brad Woolard, Anthony Sansone & Michael Mataras - JLL

The financing secured includes a $19.82 million loan for the 148-unit Granby Oaks in West Columbia, SC, and a $14.04 million loan for the 158-unit The Vale in Nashville. The loans are set to be serviced by JLL Real Estate Capital.