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Moneil Management Acquires 107-Unit Multifamily In Knoxville, TN With $10.8M Loan From Arbor Realty Trust

2701 Sevier Avenue
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This MultiFamily property located in TN received a loan of $10,800,000 over 2 years ago. The brokers of the deal were Barry Lefkowitz and Mark Krupenia

The multifamily property located at 2701 Sevier Avenue in Knoxville, TN has been involved in a recent closed transaction. The property consists of 107 units and was acquired through an acquisition loan.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $10,800,000
  • Address: 2701 Sevier Avenue, Knoxville, TN
  • Market: Knoxville, TN
  • Lender: Arbor Realty Trust
  • Landlord: Moneil Management - Vinney Chopra
  • Brokers: Mark Krupenia & Barry Lefkowitz - Meridian Capital Group

The loan for the acquisition of the property was provided by Arbor Realty Trust. Moneil Management, represented by Vinney Chopra, acted as the landlord in the transaction. The brokers involved in the deal were Mark Krupenia and Barry Lefkowitz from the Meridian Capital Group.

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Deals
  • Location
    2701 Sevier Avenue, Knoxville, Tennessee 37920, United States2701 Sevier Avenue, Knoxville, Tennessee 37920, United States
  • Loan Value
    $10,800,000$10,800,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Barry Lefkowitz

Barry Lefkowitz

Deals5
Financed$108.4M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2407
Volume$65.9B

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Deal Summary

LOAN IMAGE: Barry Lefkowitz & Mark Krupenia DATE: 11/17/2021 ADDRESS: 2701 Sevier Avenue MARKET: Knoxville, TN ASSET TYPE: Multifamily ~ UNITS: 107 LENDER: @ArborRealtyTrust LANDLORD: Moneil Management - Vinney Chopra BROKERS: Mark Krupenia & Barry Lefkowitz - Meridian Capital Group LOAN AMOUNT: $10,800,000 LOAN TYPE: Acquisition loan

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2701 Sevier Avenue

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