TCY Secures $42.25M Bridge Loan For Multifamily Property In Jackson, MS

The multifamily property located at 759 Glencross Dr. in Jackson, MS has been involved in a closed transaction. This property spans approximately 495,850 square feet and consists of 440 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $42,250,000
• Address: 759 Glencross Dr., Jackson, MS
• Market: Jackson, MS
• Lender: Aaron Krawitz - Bravo Bridge Fund
• Landlord: TCY
• Loan Type: Bridge
• Loan Terms: Bridge Acquisition

In this transaction, the lender, Aaron Krawitz, represented Bravo Bridge Fund. The landlord of the property is TCY. The loan amount for this transaction was $42,250,000, and it was a bridge loan for the purpose of acquisition.