Strategic Realty Holdings Acquires Multifamily Property In Houston With $6.2M Loan From Electra Capital

Strategic Realty Holdings, represented by Eddie Lorin, has secured a $6,200,000 loan from Electra Capital, represented by Samuel J. Greenblatt, for the acquisition of a multifamily property in Houston. The property, located at 2331 Bammelwood Drive and 411 Highland Cross Drive, consists of 488 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,200,000
• Address: 2331 Bammelwood Drive & 411 Highland Cross Drive, Houston
• Units: 488
• Borrower: Strategic Realty Holdings - Eddie Lorin
• Lender: Electra Capital - Samuel J. Greenblatt

Eddie Lorin, with the support of Strategic Realty Holdings, successfully secured the $6,200,000 loan from Samuel J. Greenblatt of Electra Capital. The acquired multifamily property, located in Houston, consists of 488 units and is situated at 2331 Bammelwood Drive and 411 Highland Cross Drive.