Sy Dardashty Acquires Multifamily Property In Amarillo, TX With Lument As Lender For $3.76M

The multifamily property located at 1600 Dale Street in Amarillo, TX has been involved in a recent loan transaction. The property spans over 185,000 square feet and is owned by Sy Dardashty.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,759,000
• Address: 1600 Dale Street
• Market: Amarillo, TX
• Lender: Lument - Adam Abuaf
• Landlord: Sy Dardashty
• Broker: Jonathan Aghravi, Timothy Cox & Charles Han - JBA Equities
• Loan Type: Agency
• Loan Terms: 7 Years, Full term Interest Only at 3.5% Interest

The loan for this transaction was secured through Lument, with Adam Abuaf representing the lender. The brokerage team of Jonathan Aghravi, Timothy Cox, and Charles Han from JBA Equities facilitated the deal. The loan amount for this transaction was $3,759,000, and it falls under an agency loan type with a term of 7 years. The loan will be on an interest-only basis for the full term, with an interest rate of 3.5%.