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Progress Capital Secures $5M Acquisition Loan For Multifamily Property In Halethorpe, MD

1138 Circle Drive
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This MultiFamily property located in MD received a loan of $5,000,000 over 1 year ago. The brokers of the deal were Brian Anderson and Eddie Miro

The multifamily property located at 1138 Circle Drive in Halethorpe, MD has been involved in a recent loan transaction. The property spans approximately 65,000 square feet and consists of 60 units. The loan was provided by Virginia's Partners Bank for an acquisition.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,000,000
  • Address: 1138 Circle Drive, Halethorpe, MD
  • Market: Halethorpe, MD
  • Loan Type: Acquisition

Brian Anderson and Eddie Miro from Progress Capital served as the brokers in this transaction, representing the buyer or borrower in securing the loan from Virginia's Partners Bank.

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Deals
  • Location
    1138 Circle Drive1138 Circle Drive
  • Loan Value
    $5,000,000$5,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Brian Anderson

Brian Anderson

Deals30
Financed$156M

Eddie Miro

Eddie Miro

Deals29
Financed$210.9M

Agency

Progress Capital

Progress Capital

Agency
Deals382
Volume$4.9B

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Deal Summary

LOAN IMAGE: Brian Anderson & Eddie Miro DATE: 10/25/2022 ADDRESS: 1138 Circle Drive MARKET: Halethorpe, MD ASSET TYPE: Multifamily ~ SF: 65,000 ~ UNITS: 60 LENDER: Virginia's Partners Bank BROKERS: Brian Anderson & Eddie Miro (@Eddie_Miro) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $5,000,000 LOAN TYPE: Acquisition

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1138 Circle Drive

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