Price Holdings LLC Secures $512M Refinance Loan From Freddie Mac For Multifamily Portfolio

The transaction involves a multifamily portfolio consisting of 13 properties located in the Kansas City and Dallas markets. Price Holdings LLC secured financing for this portfolio through a Freddie Mac credit facility amounting to $512,000,000, aimed at refinancing and recapitalizing the assets, structured in four tranches for long-term certainty and optionality.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $512,000,000
• Lender: Freddie Mac
• Landlord: Travis Whitacre - Price Brothers - Price Holdings LLC
• Brokers: Greg Duvall & Brian Michaelsen - NorthMarq
• Loan Type: Refinance & Recapitalize

The financing arrangement was facilitated by brokers Greg Duvall and Brian Michaelsen, which allows Price Brothers increased flexibility for future acquisitions, capital improvements, and growth across its stabilized, institutionally managed assets.