Sheridan Capital Facilitates $30.6M Bridge Loan For Multifamily Portfolio In Beaumont & Jasper

The multifamily property, consisting of 472 units, located at 6120 Folsom Drive, 5740 Northwest Parkway, and 130 Rosewood Drive in Beaumont and Jasper, was involved in a recent transaction. The property secured a bridge loan amounting to $30,615,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,615,000
• Address: 6120 Folsom Drive, 5740 Northwest Parkway & 130 Rosewood Drive
• Market: Beaumont & Jasper
• Asset Type: Multifamily
• Units: 472
• Brokers: Michael Yassky & Aaron Kurlansky - Sheridan Capital
• Loan Type: Bridge Loan

Michael Yassky and Aaron Kurlansky from Sheridan Capital represented the parties involved in securing the bridge loan for the multifamily property transaction.