The Preiss Company Secures $48M Acquisition Loan For Multifamily Property In Raleigh
ShareContact
This MultiFamily property located in NC received a loan of $48,000,000 over 2 years ago. The brokers of the deal were Josh Davis and Chris Caison
View Related
- LocationPar Drive, Raleigh, North Carolina 27603, United States
- Loan Value$48,000,000
- Asset TypeMultiFamily
- Parties2 Brokers, 1 Agency
Agents
Agency
Deal Summary
LOAN
IMAGE: Josh Davis, Chris Caison & Russell Frahm
DATE: 12/06/2021
ADDRESS: 2805 Par Dr
MARKET: Raleigh, NC
ASSET TYPE: Multifamily ~ ACRES: 28 ~ UNITS: 265
LENDER: Mesa West Capital - Russell Frahm & Pamir Niaz
LANDLORD: The Preiss Company
BROKERS: Josh Davis & Chris Caison - Newmark
LOAN AMOUNT: $48,000,000
LOAN TYPE: Acquisition
LOAN TERMS: five-year, floating-rate loan
Comparables
Contact
2805 Par Drive
Comparables
Contact
Share
Login to Suggest Edits