Broadshore Capital Provides $31.2M Loan For Multifamily Property In Burleson

5301 Northwest Tarrant Avenue, Burleson, TX, USA

$31,200,000

$20,594/SF

Building Size

1,515 SF

Asset Type

MultiFamily

Closing

Jan 27, 2021

AI

The multifamily property located at 5301 N. Tarrant Parkway in Burleson has been involved in a closed transaction. The property consists of 217 units and was sold by Sovereign Properties. The transaction was facilitated by the brokerage firm JLL, with Greg Nalbandian representing the seller. The loan for this transaction was provided by Broadshore Capital, with Chris Miller as the lender. The loan amount for the transaction was $31,200,000.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $31,200,000
Units: 217
Address: 5301 N. Tarrant Parkway, Burleson
Market: Burleson

Greg Nalbandian from JLL played a key role in representing Sovereign Properties, the seller in this transaction. Chris Miller, from Broadshore Capital, served as the lender for the loan.

Players