FINANCED
Lone Star Capital Acquires Seabrook Multifamily With $26.25M Loan
4601 Nasa Parkway
MultiFamily
273,816 SF
273,816 SF
Financed 1 year ago
Summary
Loan
TEXAS
MultiFamily
273,816 sqft
A multifamily property located at 4601 Nasa Parkway in Seabrook, TX has been acquired. The property spans approximately 273,816 square feet and consists of 296 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $26,250,000
- Market: Seabrook, TX
The acquisition loan for this property was provided by Castellan Capital for a total of $26,250,000. The loan has a term of 24 months and is specifically for the purpose of acquisition. The deal was brokered by Nate Lowy from Juniper Capital Group, representing the buyer, Lone Star Capital. The closing of the loan took place in just 10 days, showcasing the efficiency of the transaction.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Nate Lowy, Rob Beardsley & Kent Piotrkowski
DATE: 12/21/2021
ADDRESS: 4601 Nasa Parkway
MARKET: Seabrook, TX
ASSET TYPE: Multifamily ~ SF: 273,816 ~ UNITS: 296
LENDER: Castellan Capital
LANDLORD: Lone Star Capital
BROKER: Nate Lowy - Juniper Capital Group
LOAN AMOUNT: $26,250,000
LOAN TYPE: Acquisition
LOAN TERMS: 10 Day Closing, Term 24 monthsView on map
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Address4601 Nasa Parkway
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