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Momentum Multifamily Secures Freddie Mac Loan For The Henry At Liberty Hills In Houston

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FINANCED

Texas

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MultiFamily1,512 SF
Financed 02/11/2021
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FINANCED

Momentum Multifamily Secures Freddie Mac Loan For The Henry At Liberty Hills In Houston

15330 Liberty River Drive, Houston, TX, USA

See Similar Deals
MultiFamily1,512 SF
Financed 02/11/2021
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:1,512 SF
Transaction Type:Loan

The Henry at Liberty Hills, a multifamily property located at 15330 Liberty River Drive in Houston, was involved in a recent transaction. The property is owned by Momentum Multifamily and the loan for the transaction was provided by Freddie Mac. The deal was brokered by Cutt Ableson and Colin Marusak of Berkadia.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Date: 02/11/2021
  • Address: 15330 Liberty River Drive, Houston
  • Market: Houston
  • Lender: Freddie Mac
  • Broker: Cutt Ableson & Colin Marusak - Berkadia

Berkadia originated a Freddie Mac 10-year, floating rate loan for The Henry at Liberty Hills, along with a preferred equity investment.

Players

Cutt Ableson
5 deals$20.1M volume
BROKER

Colin Marusak
Berkadia
1 deal
BROKER

Freddie Mac
LENDER

Details

FINANCED
IMAGE: Cutt Ableson & Colin Marusak DATE: 02/11/2021 ADDRESS: 15330 Liberty River Drive - The Henry at Liberty Hills MARKET: Houston ASSET TYPE: Multifamily LANDLORD: Momentum Multifamily LENDER: Freddie Mac BROKERS: Cutt Ableson & Colin Marusak - Berkadia LOAN TERMS: Berkadia originated a Freddie Mac 10-year, floating rate loan along with a preferred equity investment

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Debt Service Coverage Ratio (DSCR)

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Monthly NOI$0.00
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Change in Cash Flow$0.00
Refinance Proceeds$0.00