Varde Mortgage Capital Provides $56.5M Acquisition Loan For Multifamily Property At 5072 Timberhill Drive, San Antonio, TX | 5072 Timberhill Drive | Varde Mortgage Capital | John Flynn, Jimmy Cochran, Michael Zaremski, Michael Shmuely, Will Balthrope, Drew Garza | MultiFamily | Loan

Summary

Loan

TEXAS

MultiFamily

Located at 5072 Timberhill Drive in San Antonio, TX, this multifamily property spanning 278,696 square feet with 340 units was recently involved in a loan transaction.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $56,500,000
Address: 5072 Timberhill Drive
Market: San Antonio, TX
Square Footage: 278,696
Number of Units: 340

The loan was provided by Varde Mortgage Capital for the purpose of acquisition. The deal was facilitated by brokers John Flynn, Michael Zaremski, Michael Shmuely, and Jimmy Cochran of JLL.

Players

All
9

Agents
6
Agencies
2
Lenders
1

$383.2M Sold

Institutional Property Advisors

JLL

Varde Mortgage Capital

Details

Deal Summary

FINANCED

IMAGE: Michael Zaremski, Michael Shmuely, John Flynn & Jimmy Cochran DATE: 04/11/2022 ADDRESS: 5072 Timberhill Drive MARKET: San Antonio, TX ASSET TYPE: Multifamily ~ SF: 278,696 ~ UNITS: 340 LENDER: Varde Mortgage Capital BROKERS: John Flynn, Michael Zaremski (@MZaremski), Michael Shmuely (@MShmu) & Jimmy Cochran (@Jimmy.Cochran1) - JLL (@JLL) LOAN AMOUNT: $56,500,000 LOAN TYPE: Acquisition

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Address5072 Timberhill Drive

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