Fannie Mae Provides $30M Acquisition Loan For Columbus Multifamily Property
Newmark brokers loan for $30,000,000 in Columbus
MultiFamily
252,170 SF
252,170 SF
Summary
A multifamily property in Columbus, with a total square footage of 252,170 and consisting of 230 units, has recently been involved in a loan transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $30,000,000
- Loan Type: Acquisition
- Loan Terms: 7-year Fixed Rate; 70% LTV; 5.25% All-in Rate; 5 years IO
The loan for this property was provided by Fannie Mae. The brokers involved in the transaction were Henry Stimler, Bill Weber, Ricky Warner, and Daniel Sarsfield, who represented the buyer in the deal.
Please note that no additional information was provided in the given context.
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