American Ventures And Impex Capital Acquire 205-Unit Multifamily Property In Arlington For $22.6M

The multifamily property located at 3201 E Park Row Dr in Arlington has been involved in a recent closed transaction. The property consists of 205 units and is owned by American Ventures, represented by Shravan Parsi and Impex Capital, represented by Ash Shah.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $22,600,000
• Address: 3201 E Park Row Dr
• Market: Arlington
• Units: 205

The loan for this property was provided by lument''>Lument. The lender's representative in the deal was Ted Nasca. The loan amount was $22,600,000. It was a bridge loan with an interest rate. The loan had a three-year term and included two 12-month extension options.

This transaction highlights the collaboration between American Ventures, represented by Shravan Parsi, and Impex Capital, represented by Ash Shah. Both parties successfully secured a bridge loan for the multifamily property at 3201 E Park Row Dr in Arlington.