Quad Property Group Acquires 170-Unit Multifamily Property In Fredericksburg, VA For $31.7M Financing From Berkadia

214 Kings Mill Court

MultiFamily

Financed 1 year ago

Summary

Loan

VIRGINIA

MultiFamily

The multifamily property located at 214 Kings Mill Ct in Fredericksburg, VA has been involved in a recent closed transaction. The property consists of 170 units and is owned by Quad Property Group.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $31,700,000
Date: 06/30/2022
Market: Fredericksburg, VA
Landlord: Quad Property Group

The broker representing the deal is Joshua Finley from Berkadia. The transaction involved acquisition financing in the form of a three-year bridge loan.

Players

All
2

Agents
1
Agencies
1

Joshua Finley

Senior Director

Berkadia

Details

Deal Summary

FINANCED

IMAGE: Joshua Finley DATE: 06/30/2022 ADDRESS: 214 Kings Mill Ct MARKET: Fredericksburg, VA ASSET TYPE: Multifamily ~ UNITS: 170 LANDLORD: Quad Property Group BROKER: Joshua Finley - Berkadia LOAN AMOUNT: $31,700,000 LOAN TYPE: Acquisition financing LOAN TERMS: Three-year bridge loan

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Address214 Kings Mill Court

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