Versity Invest Acquires 246-Unit Multifamily In Houston For $48M Loan - Thorofare Capital Lends

1414 Wood Hollow Drive in Houston has been sold in a closed transaction. This multifamily property consists of 246 units. The deal was facilitated by Thorofare Capital, with Felix Gutnikov representing the lending side. Versity Invest, based in Aliso Viejo, served as the landlord in this transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $48,000,000
• Market: Houston
• Lender: Thorofare Capital - Felix Gutnikov
• Landlord: Versity Invest - Aliso Viejo
• Loan Type: Acquisition Loan
• Loan Terms: Fixed-rate loan, with an initial term of seven years and a one-year extension option

Felix Gutnikov from Thorofare Capital played a crucial role in providing the necessary financing for this transaction. On the other hand, Aliso Viejo-based Versity Invest acted as the landlord, ensuring the smooth execution of the deal.