CBRE Investment Management Provides $37.2M Mortgage Loan For Roswell Multifamily Property | 11251 Alpharetta Highway | CBRE Global Investors | Kyle Schlitt, Matthew (Matt) Williams | MultiFamily | Loan

Summary

Loan

GEORGIA

MultiFamily

218,412 sqft

The multifamily property located at 11251 Alpharetta Hwy in Roswell, Georgia has recently undergone a closed transaction. The property consists of 236 units and is owned by TerraCap Management. The deal involved a mortgage loan provided by CBRE Investment Management. The loan amount was $37,200,000, and it is a floating rate loan with an initial term of four years.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $37,200,000
Address: 11251 Alpharetta Hwy, Roswell, Georgia
Market: Roswell, Georgia
Units: 236

Charles Kim from CBRE Investment Management served as the lender for the loan. Matt Williams and Kyle Schlitt from Newmark represented the landlord, TerraCap Management, in the deal.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Kyle Schlitt

Associate Director - Financial Analyst

$221.5M Sold

Matthew (Matt) Williams

Executive Managing Director

$356.7M Sold

Newmark

CBRE Global Investors

Details

Deal Summary

FINANCED

IMAGE: Matt Williams, Charles Kim & Kyle Schlitt DATE: 11/10/2021 ADDRESS: 11251 Alpharetta Hwy MARKET: Roswell, Georgia ASSET TYPE: Multifamily ~ UNITS: 236 LENDER: CBRE Investment Management - Charles Kim LANDLORD: TerraCap Management LANDLORD'S REP: Matt Williams & Kyle Schlitt - Newmark LOAN AMOUNT: $37,200,000 LOAN TYPE: Mortgage LOAN TERMS: floating rate loan has an initial term of four years

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Address11251 Alpharetta Highway

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