Santander Provides $15.85M Fixed Non-Recourse Loan For Multifamily Property In San Antonio, TX

A multifamily property located at 11200 Perrin Beitel Rd. in San Antonio, TX has recently undergone a closed transaction. The property, with no additional details provided, was involved in a loan deal.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $15,850,000

The loan for the multifamily property was provided by Santander. The deal was facilitated by brokers Noam Kaminetzky and Scott Forbes from Meridian Capital Group. The loan amount was set at $15,850,000 and falls under a fixed loan type. The loan terms include a non-recourse agreement with an interest rate of 3.29% fixed for 7 years.