Meridian Capital Group Brokers $53.3M Loan For Multifamily Property In Coral Springs
3400 Coral Springs Drive
MultiFamily
237,882 SF
237,882 SF
Summary
The multifamily property located at 3400 Coral Springs Dr in Coral Springs has undergone a significant transaction. The property spans approximately 237,882 square feet and comprises 180 units. This transaction took place on September 27, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $53,315,000
- Market: Coral Springs
- Loan Type: Recapitilization
- Loan Terms: Cash-Out Refinance, 10-Year Term, 5-Year Interest Only, 2.55%
Nina Russo and Jonathan Zilber, representing Meridian Capital Group, played a crucial role in this transaction as brokers. The lending for this transaction was provided by greystone''>Greystone. Their expertise and guidance were instrumental in securing the financing amounting to $53,315,000.
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3400 Coral Springs Drive
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