LYND Co Secures $32.3M Bridge Loan For Porter Multifamily

21899 Valley Ranch Crossing Drive

MultiFamily

4,083 SF

Financed 1 year ago

Summary

Loan

TEXAS

MultiFamily

4,083 sqft

The multifamily property located at 21899 Valley Ranch Crossing Dr in Porter has been involved in a closed transaction. The property consists of 312 units and is owned by LYND Co.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $32,300,000
Market: Porter
Units: 312
Lender: Lument - Marc Suarez
Loan Type: Bridge
Loan Terms: Fixed interest rate and a three-year term

The loan for this transaction was provided by Lument, with Marc Suarez representing the lender. The loan amount was $32,300,000 and it was of bridge type with fixed interest rate and a three-year term.

Details

Deal Summary

FINANCED

IMAGE: Marc Suarez DATE: 09/15/2021 ADDRESS: 21899 Valley Ranch Crossing Dr MARKET: Porter ASSET TYPE: Multifamily ~ UNITS: 312 LENDER: Lument - Marc Suarez LANDLORD: LYND Co LOAN AMOUNT: $32,300,000 LOAN TYPE: Bridge LOAN TERMS: fixed interest rate and a three-year term

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Address21899 Valley Ranch Crossing Drive

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