Asher Bittman Of Sheridan Capital Provides $16.8M Bridge Loan For Multifamily Asset In Victoria

The asset involved in this transaction is a multifamily property located at 4405 North Navarro Street in Victoria. It comprises 288 units and has a total square footage of 204,274. The transaction was financed through a bridge loan amounting to $16,800,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16,800,000
• Address: 4405 North Navarro Street
• Market: Victoria
• Units: 288
• Square Footage: 204,274
• Lender: Asher Bittman - Sheridan Capital
• Landlord's Representative: Vincent Fuquen - Marcus & Millichap
• Loan Type: Bridge

This transaction highlights the involvement of key professionals, including Asher Bittman from Sheridan Capital, who served as the lender for the bridge loan, and Vincent Fuquen from Marcus & Millichap, who represented the landlord in this deal.