Gregory Vassilakos & Dimitri P. Venekas Of Cosmos Capital Group Arrange $17M Bridge Loan For Multifamily Property In Humble, TX

The multifamily property located at 7150 Foxbrick Lane in Humble, TX has recently undergone a closed transaction. The property spans a total of 199,368 square feet and consists of 212 units, making it an attractive investment in the local market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,000,000
• Loan Type: Bridge Loan
• Loan Terms: Bridge Loan
• Lender: Royal Business Bank
• Brokers: Gregory Vassilakos & Dimitri P. Venekas from Cosmos Capital Group

The Bridge Loan, provided by Royal Business Bank, played a crucial role in facilitating the transaction. The loan amount of $17,000,000 allowed the buyer to secure the property and pursue their investment goals. Represented by Gregory Vassilakos and Dimitri P. Venekas of Cosmos Capital Group, the successful deal highlights the expertise and dedication of these brokers in serving their clients.