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Meridian Capital Group Facilitates $35M Acquisition Loan For Multifamily Property In Houston

3131 West Belfort Avenue
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This MultiFamily property located in TX received a loan of $35,000,000 over 2 years ago. The brokers of the deal were Jonathan Zilber and Hannah Howard

The multifamily property located at 3131 West Belfort Ave in Houston was recently involved in a closed transaction. The acquisition loan for this property was secured through a 10-year agency loan. The loan amount was $35,000,000, and it featured a favorable interest rate of 2.74 percent.

Summary of transaction details

The Meridian Capital Group, represented by brokers Jonathan Zilber and Hannah Howard, played a crucial role in facilitating this transaction. They assisted in securing the acquisition loan for the multifamily property at 3131 West Belfort Ave in Houston, ensuring favorable loan terms for their clients.

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Deals
  • Location
    5357 West Bellfort Avenue, Houston, TX 77035, USA5357 West Bellfort Avenue, Houston, TX 77035, USA
  • Loan Value
    $35,000,000$35,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Jonathan Zilber

Jonathan Zilber

Deals17
Financed$609M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2403
Volume$65.9B

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Deal Summary

LOAN IMAGE: Hannah Howard & Jonathan Zilber DATE: 10/12/2021 ADDRESS: 3131 West Belfort Ave MARKET: Houston ASSET TYPE: Multifamily BROKERS: Jonathan Zilber & Hannah Howard - Meridian Capital Group LOAN AMOUNT: $35,000,000 LOAN TYPE: Acquisition LOAN TERMS: The 10-year agency loan, features a rate of 2.74 percent

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3131 West Belfort Avenue

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