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3501 Merrill Place
FINANCED

Northmarq Represents Merrill Gardens & AEW In $39M Loan For Mt Pleasant Property

3501 Merrill Place

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Summary

Loan
SOUTH CAROLINA
Other

The property located at 3501 Merrill Pl in Mt Pleasant, SC has been involved in a loan transaction. The asset is comprised of 158 units and spans across 14.86 acres. The property is owned by Merrill Gardens & AEW Senior Housing Investors III, L.P.

Summary of transaction details

  • Property Type: N/A
  • Transaction Amount: $39,000,000
  • Loan Terms: a five-year fixed rate and 18 months interest only
  • Landlord: Merrill Gardens & AEW Senior Housing Investors III, L.P
  • Brokers: Stuart Oswald - Northmarq

The loan amount for this transaction was $39,000,000 and it includes a five-year fixed rate with 18 months of interest-only payments. Stuart Oswald, representing Northmarq, played a key role as the broker in this deal.

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Stuart Oswald's profile picture
Stuart Oswald
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Senior Vice President/Managing Director

Details

Deal Summary
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FINANCED
IMAGE: Stuart Oswald DATE: 06/22/2022 ADDRESS: 3501 Merrill Pl MARKET: Mt Pleasant, SC ASSET TYPE: ~ UNITS: 158 ~ ACRES: 14.86 LANDLORD: Merrill Gardens & AEW Senior Housing Investors III, L.P BROKERS: Stuart Oswald - Northmarq LOAN AMOUNT: $39,000,000 LOAN TERMS: a five-year fixed rate and 18 months interest only

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Address3501 Merrill Place

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