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NEC Butler Avenue & 4th Street
FINANCED

Wexford Developments Secures $49.5M Construction Financing For Flagstaff Multifamily

NEC Butler Avenue & 4th Street

MultiFamily
clock iconFinanced 1 year ago
Brad Miner
Eric Tupler
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Summary

Loan
ARIZONA
MultiFamily

The NEC Butler Ave & 4th St property in Flagstaff, AZ has been involved in a closed transaction. This multifamily property consists of 224 units. The deal was facilitated by Wexford Developments as the landlord. The brokers, Brad Miner & Eric Tupler from JLL, represented the parties involved in the transaction.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $49,450,000
  • Loan Type: Construction financing

The loan amount for this transaction was $49,450,000, and it was obtained for construction financing purposes.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Brad Miner's profile picture
Brad Miner
JLL-image
Senior Managing Director
Eric Tupler's profile picture
Eric Tupler
JLL-image
Senior Managing Director
$21.3M Sold

Details

Deal Summary
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FINANCED
IMAGE: Brad Miner & Eric Tupler DATE: 08/15/2022 ADDRESS: NEC Butler Ave & 4th St MARKET: Flagstaff, AZ ASSET TYPE: Multifamily ~ UNITS: 224 LANDLORD: Wexford Developments BROKERS: Brad Miner & Eric Tupler - JLL LOAN AMOUNT: $49,450,000 LOAN TYPE: Construction financing

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AddressNEC Butler Avenue & 4th Street

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