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1500 Sunbow Falls Lane
FINANCED

Bluerock Residential Growth REIT Secures $27.4M Loan For Raleigh Multifamily Property

1500 Sunbow Falls Lane

MultiFamily
1,218 SF
Scott Chisholm
Rich Swietkowski
Michael Zampetti
the dealplayerscompscontact

Summary

Loan
NORTH CAROLINA
MultiFamily
1,218 sqft

The multifamily property located at 1500 Sunbow Falls Ln in Raleigh, North Carolina was involved in a recent transaction. The transaction took place on 07/26/2021 and the property was acquired by Bluerock Residential Growth REIT, Inc. The property consists of 276 units and is situated in the Raleigh market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $27,400,000
  • Loan Terms: 10-year, fixed rate loan with a 30-year amortization and five years of interest-only payments

The deal was facilitated by brokers Scott Chisholm, Michael Zampetti, and Rich Swietkowski from Greystone. They represented Bluerock Residential Growth REIT, Inc. in the transaction.

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Scott Chisholm's profile picture
Scott Chisholm
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Head of Business Development

Details

Deal Summary
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FINANCED
IMAGE: Scott Chisholm & Michael Zampetti DATE: 07/26/2021 ADDRESS: 1500 Sunbow Falls Ln MARKET: Raleigh, North Carolina ASSET TYPE: Multifamily LANDLORD: Bluerock Residential Growth REIT, Inc BROKERS: Scott Chisholm, Michael Zampetti & Rich Swietkowski - Greystone LOAN AMOUNT: $27,400,000 LOAN TERMS: 10-year, fixed rate loan with a 30-year amortization and five years of interest-only payments UNITS: 276

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Address1500 Sunbow Falls Lane

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