Meridian Capital Group Brokers Secure $3.13M Purchase Loan For Arlington, Colleyville & Coppell Package Deal

An extensive package deal involving three properties has recently taken place in Arlington, Colleyville, and Coppell. The properties are located at 6017 South Cooper Street, 700 Glade Road, and 611 South Macarthur Boulevard. The deal encompasses a range of asset types, offering diverse opportunities for potential investors in this market.

Summary of Transaction Details

• Property Type: Package Deal
• Transaction Amount: $3,130,000
• Brokers: Matt Buggenhagen, Jason Labriola, and Anthony Colicino from Meridian Capital Group
• Loan Type: Purchase
• Loan Terms: 5-year term, 30-year amortization, 2 years Interest Only, 6.98% Rate

Leading the deal were brokers Matt Buggenhagen, Jason Labriola, and Anthony Colicino from Meridian Capital Group. Their expertise and experience played a significant role in securing this package deal. The transaction involved negotiating favorable loan terms, including a 5-year term with a 30-year amortization schedule. Additionally, the initial two years of the loan will be interest-only, providing added flexibility to the investors. With a rate of 6.98%, this loan presents a suitable financing option for this package deal.