Cyclone Wildwood 324, LLC Acquires Multifamily Property In Indianapolis For $21.9M

The multifamily property located at 3491 Timbersedge Dr in Indianapolis, IN was involved in a recent transaction. The property consists of 324 units and was the subject of an acquisition loan.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $21,996,000

The loan was provided by greystone''>Greystone, with Dan Sacks representing the lending institution. The terms of the loan include a 12-year term, 30-year amortization, and a low, fixed interest rate. The loan also offers five years of interest-only payments. The borrower, Cyclone Wildwood 324, LLC, was represented by Mr. Eichorn.

These details highlight the key individuals and companies involved in the transaction, providing insight into the financing and representation aspects of the deal.