Bank Of America Provides $60.4M Refinance Loan For Manufactured Housing In Wisconsin

The property involved in this transaction is located at 1302-1308 Addie Avenue in Wisconsin, classified as a manufactured housing asset with a total of 1,109 units. The transaction includes a refinance loan amounting to $60,400,000 with a five-year fixed-rate loan term.

Summary of transaction details:

• Property Type: Manufactured Housing
• Transaction Amount: $60,400,000
• Lender: Bank of America
• Loan Type: Refinance
• Loan Terms: Five year fixed-rate loan
• Brokers: Michael Basinski & Art Tuverson - Berkadia

Michael Basinski and Art Tuverson are the brokers representing this transaction, working under Berkadia. Their role was pivotal in facilitating the loan agreement that supported the refinancing of the manufactured housing property.