Abacus Capital Group Acquires Everett Multifamily Property With $57M Loan

The multifamily property located at 9900 12th Ave W in Everett, WA has been recently involved in a loan transaction. The loan, valued at $57,000,000, was for the purpose of acquisition. The property features 316 units and is owned by Abacus Capital Group. The loan was facilitated by the brokerage firm JLL.

Summary of transaction details

• Property Type: Multifamily
• Loan Amount: $57,000,000
• Address: 9900 12th Ave W, Everett, WA
• Market: Everett, WA
• Units: 316
• Landlord: Abacus Capital Group
• Brokers: JLL
• Loan Type: Acquisition

The presence of JLL as the brokerage firm highlights their involvement in facilitating the loan transaction. It is noteworthy to mention that the property's location in Everett, WA, adds to its appeal and potential value. The loan obtained by Abacus Capital Group demonstrates their commitment to expanding their multifamily portfolio.