Eastern Union Arranges $9.75M Bridge Loan For Multifamily Property In Indianapolis | 3710 North Meridian Street | Eastern Union | MultiFamily | Loan

Summary

Loan

INDIANA

MultiFamily

125,501 sqft

A multifamily property located at 3710 N. Meridian St. in Indianapolis, IN has been involved in a closed transaction. The property consists of 195 units and is owned by Crown Capital Ventures and Whitestone Capital.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $9,750,000
Loan Type: Bridge
Loan Terms: Three-year interest-only term, with options for two one-year extensions

The loan for this transaction was provided by Eastern Union, with Michael Wyne representing the lending agency. Michael Wyne is not only the lender but also the loan's representative from Eastern Union. The loan amount of $9,750,000 will be used for this transaction.

Players

All
1

Lenders
1

Eastern Union

Details

Deal Summary

FINANCED

IMAGE: Michael Wyne DATE: 09/14/2021 ADDRESS: 3710 N. Meridian St. MARKET: Indianapolis, IN ASSET TYPE: Multifamily ~ UNITS: 195 LENDER: Eastern Union - Michael Wyne LANDLORD: Crown Capital Ventures & Whitestone Capital LOAN AMOUNT: $9,750,000 LOAN TYPE: Bridge LOAN TERMS: three-year interest-only term, with options for two one-year extensions

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Address3710 North Meridian Street

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