Old Three Hundred Capital Acquires Multifamily Property In Georgetown For $38.5M

The multifamily property located at 1400 Rivery Blvd in Georgetown has been involved in a recent transaction. The property spans 32 acres and consists of 228 units. The deal was facilitated by JLL, with brokers Marko Kazanjian, Chris McColpin, Max Herzog, and Andrew Cohen representing the parties involved. The loan for the acquisition was provided by QuadReal Finance Inc. and amounted to $38,500,000. It is classified as a floating-rate loan.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $38,500,000
• Address: 1400 Rivery Blvd, Georgetown
• Market: Georgetown
• Units: 228
• Acres: 32

In this transaction, the lender QuadReal Finance Inc. provided a floating-rate loan of $38,500,000 for the acquisition of the multifamily property at 1400 Rivery Blvd. The landlord, Old Three Hundred Capital, engaged the services of brokers Marko Kazanjian, Chris McColpin, Max Herzog, and Andrew Cohen from JLL to represent them in the deal.