FINANCED
Principal Life Insurance Provides $57.9M Construction Loan For Tempe Multifamily Development
2000 East Apache Boulevard
MultiFamily
Financed 1 year ago
Summary
Loan
ARIZONA
MultiFamily
The property involved in this transaction is a multifamily asset located at 2000 East Apache Boulevard in Tempe, AZ. The loan for the property was provided by Principal Life Insurance. The landlord of the property is Silver Creek Development, represented by Jim Cooper. The brokers involved in the deal are Antonio Hachem from George Smith Partners.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $57,900,000
- Loan Type: Construction Loan
The loan amount for this transaction is $57,900,000, and it is a construction loan. Antonio Hachem from George Smith Partners represented the landlord, Silver Creek Development, in this deal.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Antonio Hachem
DATE: 09/23/2022
ADDRESS: 2000 East Apache Boulevard
MARKET: Tempe, AZ
ASSET TYPE: Multifamily
LENDER: Principal Life Insurance
LANDLORD: Silver Creek Development - Jim Cooper
BROKERS: Antonio Hachem - George Smith Partners
LOAN AMOUNT: $57,900,000
LOAN TYPE: Construction LoanView on map
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Address2000 East Apache Boulevard
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