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3rd Avenue Investments Secures $317M Bridge Loan For Mesa, Chandler & Gilbert Multifamily

1750 South Alma School Road, 125 South Dobson Road, 1101 North Gilbert Road & 2300 West San Angelo Street
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This MultiFamily property located in AZ received a loan of $317,000,000 about 2 years ago. The brokers of the deal were Tyler Woodard and Brandon Harrington

1750 S Alma School Rd, 125 S Dobson Rd, 1101 N Gilbert Rd, and 2300 W San Angelo St in Mesa, Chandler, and Gilbert, AZ have been transacted in a closed deal. The property is a multifamily asset consisting of 1,368 units. The transaction was completed on 01/04/2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $317,000,000
  • Market: Mesa, Chandler & Gilbert, AZ

3rd Avenue Investments is the landlord of the property. The brokers involved in the transaction were Brandon Harrington and Tyler Woodard from NorthMarq. The loan obtained for the deal was a Bridge Loan with an amount of $317,000,000.

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Deals
  • Location
    1750 South Alma School Road, Mesa, Arizona 85210, United States1750 South Alma School Road, Mesa, Arizona 85210, United States
  • Loan Value
    $317,000,000$317,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Tyler Woodard

Tyler Woodard

Deals4
Financed$451.6M

Brandon Harrington

Brandon Harrington

Deals4
Financed$451.6M

Agency

NorthMarq

NorthMarq

Agency
Deals467
Volume$21.6B

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Deal Summary

LOAN IMAGE: Brandon Harrington DATE: 01/04/20222 ADDRESS: 1750 S Alma School Rd, 125 S Dobson Rd, 1101 N Gilbert Rd & 2300 W San Angelo St MARKET: Mesa, Chandler & Gilbert, AZ ASSET TYPE: Multifamily ~ UNITS: 1,368 LANDLORD: 3rd Avenue Investments BROKERS: Brandon Harrington & Tyler Woodard - NorthMarq LOAN AMOUNT: $317,000,000 LOAN TYPE: Bridge Loan

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1750 South Alma School Road, 125 South Dobson Road, 1101 North Gilbert Road & 2300 West San Angelo Street

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