FINANCED
Zidan Management Group Acquires Multifamily Property In Indianapolis
307 North Pennsylvania Street
MultiFamily
384,520 SF
384,520 SF
Financed 1 year ago
Summary
Loan
INDIANA
MultiFamily
384,520 sqft
Zidan Management Group Inc. has acquired a multifamily property located at 307 N. Pennsylvania St in Indianapolis. The property consists of 334 units and was sold for an undisclosed amount.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Address: 307 N. Pennsylvania St
- Market: Indianapolis
- Units: 334
The deal was brokered by Jason Brown and Austin Katai from Berkadia. The exact terms and conditions of the acquisition loan were not disclosed, but it is known that the loan was for a five-year period. No further information regarding the loan amount or loan type was provided.
Players
Details
FINANCED
IMAGE: Jason Brown & Austin Katai
DATE: 03/29/2022
ADDRESS: 307 N. Pennsylvania St
MARKET: Indianapolis
ASSET TYPE: Multifamily ~ UNITS: 334
LANDLORD: Zidan Management Group Inc.
BROKERS: Jason Brown & Austin Katai - Berkadia
LOAN AMOUNT: $91,000,000
LOAN TYPE: Acquisition Loan
LOAN TERMS: five-year loanView on map
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Address307 North Pennsylvania Street
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