Meridian Capital Group Secures $73M Construction Loan For Multifamily Property In Kennesaw, GA | 3550 Cherokee Street | The LifeCo | Joel Chetner, Jonathan Zilber, Hannah Howard | MultiFamily | Loan

Summary

Loan

GEORGIA

MultiFamily

Located at 3550 Cherokee St. in Kennesaw, GA, this multifamily property consists of 579 units. The transaction closed on December 15, 2021.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $73,000,000
Market: Kennesaw, GA

The loan for this property was provided by The LifeCo. The non-recourse, five-year, floating rate construction loan features full-term interest-only payments. The loan was arranged by Hannah Howard, Joel Chetner, and Jonathan Zilber from Meridian Capital Group.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$11.1M Sold

$11.1M Sold

Details

Deal Summary

FINANCED

IMAGE: Joel Chetner, Hannah Howard & Jonathan Zilber DATE: 12/15/2021 ADDRESS: 3550 Cherokee St. MARKET: Kennesaw, GA ASSET TYPE: Multifamily ~ UNITS: 579 LENDER: The LifeCo BROKERS: Hannah Howard (@Broker_hannah_howard), Joel Chetner, Jonathan Zilber - Meridian Capital Group (@meridiancapitalgroup) LOAN AMOUNT: $73,000,000 LOAN TYPE: Construction Loan LOAN TERMS: The non-recourse, five-year, floating rate was provided by a life insurance company and features full-term interest-only payments

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Address3550 Cherokee Street

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