TruePoint Capital Secures $5.25M Loan For Houston Multifamily Property With Electra Capital - Samuel J. Greenblatt

An undisclosed multifamily property located at 2310 Crescent Park Drive in Houston has been involved in a recent transaction. The property consists of 436 units and was sold for a loan amount of $5,250,000. The deal occurred on November 1, 2021, with TruePoint Capital as the borrower and Electra Capital, represented by Samuel J. Greenblatt, as the lender.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,250,000
• Address: 2310 Crescent Park Drive
• Market: Houston
• Units: 436

Samuel J. Greenblatt, representing Electra Capital, facilitated the loan for this transaction, while TruePoint Capital served as the borrower. Additional information about the property, such as its square footage or market value, was not provided.