FINANCED
Arbor Provides $75.9M Bridge Financing For Multifamily Acquisition In Columbus Georgia MSA
100 Sydney Street
MultiFamily
660,018 SF
660,018 SF
Financed 1 year ago
Summary
Loan
NATIONAL
MultiFamily
660,018 sqft
The multifamily property located at 100 Sydney St. in Columbus Georgia MSA has been involved in a recent transaction. The property spans a total square footage of 660,018 and consists of 618 units. The transaction took place on 12/15/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $75,975,000
- Address: 100 Sydney St.
- Market: Columbus Georgia MSA
- Square Footage: 660,018
- Units: 618
The loan for this transaction was provided by Arbor. The loan amount was $75,975,000. It was an acquisition loan with bridge financing and 85% loan-to-cost ratio. The loan terms included a 3+1+1 term and an interest rate of LIBOR + 3.75%.
Ari Zilber is the landlord of the property. The brokers involved in the deal were Nina Russo and Jonathan Zilber from Meridian Capital.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Jonathan Zilber & Nina Russo
DATE: 12/15/2021
ADDRESS: 100 Sydney St.
MARKET: Columbus Georgia MSA
ASSET TYPE: Multifamily ~ SF: 660,018 ~ UNITS: 618
LENDER: Arbor
LANDLORD: Ari Zilber
BROKERS: Nina Russo (@NinaRosaRusso) & Jonathan Zilber - Meridian Capital
LOAN AMOUNT: $75,975,000
LOAN TYPE: Acquisition
LOAN TERMS: Bridge Financing, 85% LTC, 3+1+1 term, LIBOR + 3.75%View on map
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Address100 Sydney Street
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