Sovereign Properties Acquires Multifamily Property In Downtown Houston For $49M | 101 Crawford St⁠reet | ACRES Capital | MultiFamily | Loan

Summary

Loan

TEXAS

MultiFamily

7,950 sqft

The loan transaction involving a multifamily property at 101 Crawford St in Downtown Houston has been completed. The borrower, Sovereign Properties represented by Russ Krivor, secured a loan of $49,000,000 from the lender ACRES Capital Corp, represented by Mark Fogel.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $49,000,000
Address: 101 Crawford St, Houston
Market: Downtown Houston

Mark Fogel from ACRES Capital Corp provided the loan to Sovereign Properties, represented by Russ Krivor, for the multifamily property located at 101 Crawford St in Downtown Houston. This loan transaction took place on February 2, 2020.

Players

All
1

Lenders
1

ACRES Capital

Details

Deal Summary

FINANCED

IMAGE: Mark Fogel & Russ Krivor⁠ DATE: 02/02/20⁠20 ADDRESS: 101 Crawford St⁠ CITY: Houston⁠ MARKET: Downtown Houston⁠ ASSET TYPE: Multifamily⁠ BORROWER: Sovereign Properties - Russ Krivor⁠ LENDER: ACRES Capital Corp - Mark Fogel⁠ AMOUNT: $49,000,000⁠

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Address101 Crawford St⁠reet

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