Ease Capital Provides $31.85M Acquisition Loan For Multifamily Property In Virginia Beach

The multifamily property located at 5301 Justin Court in Virginia Beach, VA has recently undergone a closed transaction. The acquisition loan for this property was provided by Ease Capital, with Barclay Lynch representing the lender. The loan amount for this transaction was $31,850,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $31,850,000
• Address: 5301 Justin Court, Virginia Beach, VA
• Market: Virginia Beach, VA

The property was acquired by Brad Newton and Mark Newton, who represent the Community Investment Group as the landlord. The brokers involved in this transaction were Patrick McGlohn and Brian Gould, who represented Berkadia. They played a crucial role in facilitating the deal between the buyer and the seller.