FINANCED
AOM Enterprises Acquires 142-Unit Multifamily Property In Corpus Christi, TX With PGIM Loan
1825 airline road
MultiFamily
Financed 1 year ago
Summary
Loan
TEXAS
MultiFamily
The multifamily property located at 1825 Airline Road in Corpus Christi, TX has been involved in a recent loan transaction. The property consists of 142 units and was the subject of an acquisition.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not mentioned in the context
- Loan Type: Acquisition
The acquisition of the 142-unit property was made possible through a 10-year fixed-rate loan. The loan terms include 5 years of interest-only payments, followed by a 35-year amortization period. The lender for this transaction was PGIM.
The property is owned by AOM Enterprises, and the broker representing the deal is Zach Lutwak-Fitzgerald from Black Bear Capital Partners.
Players
Details
FINANCED
IMAGE: Zach Lutwak-Fitzgerald
DATE: 12/29/2022
ADDRESS: 1825 Airline Road
MARKET: Corpus Christi, TX
ASSET TYPE: Multifamily ~ UNITS: 142
LENDER: PGIM
LANDLORD: AOM Enterprises
BROKER: Zach Lutwak-Fitzgerald - Black Bear Capital Partners
LOAN TYPE: Acquisition
LOAN TERMS: The 142-unit property was acquired with a 10-year fixed-rate loan and features 5-years of interest-only payments, followed by a 35-year amortization.View on map
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Address1825 airline road
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