Greystone Provides $49.68M Loan For 360-Unit Multifamily In San Antonio

The Bascom Group, a real estate investment firm, has recently acquired a multifamily property located at 24245 Wilderness Oaks in San Antonio. The property consists of 360 units, making it an attractive investment opportunity in the thriving San Antonio market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $49,680,000
• Address: 24245 Wilderness Oaks, San Antonio
• Market: San Antonio
• Units: 360

The Bascom Group worked with Jerry Fink and Tony Ferrell, representatives of the company, to close the deal on the property. The financing for the acquisition was provided by greystone''>Greystone, with Reuben Dolny serving as the lender. The loan terms include a 35-year term, 35-year amortization, and a low, fixed interest rate, ensuring favorable financial conditions for The Bascom Group.