Dwight Capital Provides $35.4M Loan For Multifamily Property In Troy, Mich

Located at 500 Coachman Drive in Troy, Michigan, this multifamily property is a prominent asset in the local market. With a total of 544 units, it offers ample living space for residents in the area.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $35,400,000
• Loan: Dwight Capital - Karnveer Bal

Karnveer Bal from Dwight Capital played a significant role in this transaction, serving as the lender's representative. Their expertise and involvement helped facilitate the loan process for the property. The loan amount of $35,400,000 has provided the necessary financial support for the multifamily asset, allowing for continued growth and development in the Troy market.