Sheridan Capital Provides $7.93M Acquisition Loan For Multifamily Asset In Dallas

The asset involved in this transaction is a multifamily property located at 12708 Schroeder Road in the Dallas market. The acquisition loan taken for this asset amounts to $7,925,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,925,000
• Lender: Sheridan Capital
• Lender's Representative: Asher Bittman
• Broker: Matthew Dzbanek
• Broker's Agency: Ariel Property Advisors
• Loan Type: Acquisition

In this transaction, Asher Bittman represented Sheridan Capital as the lender, while Matthew Dzbanek acted as the broker from Ariel Property Advisors, facilitating the loan for the acquisition of the property.