Old Capital Brokers Secures $29.4M Bridge Loan For 401-Unit San Antonio Multifamily

The asset involved in the transaction is a multifamily property located at 4400 Bluemel Rd in the San Antonio market. This property consists of 401 units and the loan amount is $29,400,000 for a bridge loan type.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $29,400,000
• Units: 401
• Address: 4400 Bluemel Rd
• Market: San Antonio
• Lender: John Sloot & Colin Cross - Lument
• Broker: Old Capital - John Brickson
• Loan Type: Bridge

This transaction features key individuals, including John Sloot and Colin Cross representing the lending side as part of Lument, while John Brickson from Old Capital acts as the representative broker in this deal.