Old Capital Brokers Secures $29.4M Bridge Loan For 401-Unit San Antonio Multifamily
4400 Bluemel Road
MultiFamily
28,572 SF
28,572 SF
Summary
Located at 4400 Bluemel Rd in San Antonio, this multifamily property consists of 401 units. The transaction took place on September 2, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $29,400,000
- Address: 4400 Bluemel Rd
- Market: San Antonio
- Units: 401
The lender for this transaction was John Sloot and Colin Cross from Lument. Old Capital, represented by John Brickson, acted as the broker.
This bridge loan, amounting to $29,400,000, was secured for the acquisition of the multifamily property at 4400 Bluemel Rd in San Antonio.
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4400 Bluemel Road
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