Eastman Residential Secures $14.1 Million Acquisition Loan For The Arch At Abilene Multifamily
FINANCED
$30,000,000
Texas
See Similar DealsMultiFamily
Financed 09/15/2025
FINANCED
Eastman Residential Secures $14.1 Million Acquisition Loan For The Arch At Abilene Multifamily
2702 North Judge Ely Boulevard
See Similar DealsMultiFamily
Financed 09/15/2025
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
The Arch at Abilene is a multifamily asset located at 2702 North Judge Ely Boulevard in the Abilene market, comprising a total of 192 units. The property has secured a loan amounting to $14,100,000 for acquisition purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $14,100,000
- Landlord: Eastman Residential
- Brokers: Scott Aiese & Alex Staikos - JLL
- Loan Type: Acquisition
- Date of Transaction: 09/15/2025
Scott Aiese and Alex Staikos have represented the brokerage firm JLL in the deal, facilitating the acquisition of the property on behalf of the landlord, Eastman Residential.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$30,000,000.00
Monthly NOI$200,000.00
Monthly Debt Service$189,620.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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