Grandbridge Real Estate Capital Provides $37.5M Acquisition Loan For Boynton Beach Multifamily Property | 3609 High Ridge Rd | Grandbridge Real Estate Capital | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

193,075 sqft

The multifamily property located at 3609 High Ridge Rd in Boynton Beach has recently been involved in a loan transaction. The property consists of 184 units with a total square footage of 193,075.

Summary of transaction details

Property Type: Multifamily
Address: 3609 High Ridge Rd
Market: Boynton Beach
Units: 184
Square Footage: 193,075

The lender for this loan transaction was Grandbridge Real Estate Capital, represented by David Gahagan and Christopher Hammel. The loan amount for the acquisition was $37,500,000. The loan terms included an 11-year term with the first 3 years being interest only.

Yuksel, Inc, represented by Gary Burchard, was the landlord involved in this transaction.

Details

Deal Summary

FINANCED

IMAGE: David Gahagan DATE: 09/13/2022 ADDRESS: 3609 High Ridge Rd MARKET: Boynton Beach ASSET TYPE: Multifamily ~ UNITS: 184 ~ SF: 193,075 LENDER: Grandbridge Real Estate Capital (@GrandbridgeRealEstateCapital) - David Gahagan (@DavidGahagan) & Christopher Hammel (@ChrisHammel) LANDLORD: Yuksel, Inc - Gary Burchard LOAN AMOUNT: $37,500,000 LOAN TYPE: Acquisition LOAN TERMS: 11-Year Term | 3-Years Interest Only

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Address3609 High Ridge Rd

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