Merchants Bank Of Indiana Provides $102M Loan For Multifamily Property In San Antonio

The multifamily property located at 311 S Saint Mary's St in San Antonio has recently undergone a closed transaction. The property, owned by an undisclosed seller, has been acquired through a loan provided by Merchants Bank of Indiana and Merchants Capital, with Lee Oller representing the lender in the deal. The transaction amount for this acquisition is $102,000,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $102,000,000
• Address: 311 S Saint Mary's St
• Market: San Antonio
• Lender: Merchants Bank of Indiana; Merchants Capital - Lee Oller

This closed transaction showcases the ongoing strength and activity in the multifamily market in San Antonio. With a significant loan amount of $102,000,000, this acquisition further demonstrates the confidence of lenders and investors in the local real estate market. The involvement of Lee Oller from Merchants Bank of Indiana and Merchants Capital highlights the importance of utilizing trusted representatives in successful real estate deals.