Old Capital Arranges $10.48M Bridge Loan For Multifamily Property In San Antonio | 6111 Vance Jackson Road | John Brickson, Drew Garza | MultiFamily | Loan

Summary

Loan

TEXAS

MultiFamily

8,216 sqft

The multifamily property located at 6111 Vance Jackson Rd in San Antonio has been involved in a recent transaction. The financing for this property was arranged by Old Capital, with a bridge loan amounting to $10,480,000. The loan terms include 80% loan-to-cost ratio, a 3.95% interest rate, and a 29-day close.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $10,480,000
Address: 6111 Vance Jackson Rd
Market: San Antonio

John Brickson of Old Capital served as the broker who arranged the financing for this transaction, while Drew Garza represented the seller as an IPA representative.

Players

All
3

Agents
2
Agencies
1

Institutional Property Advisors

Details

Deal Summary

FINANCED

IMAGE: Drew Garza & John Brickson DATE: 04/14/2021 ADDRESS: 6111 Vance Jackson Rd MARKET: San Antonio ASSET TYPE: Multifamily BROKER: John Brickson (@JBrickson) - Old Capital arranged the financing / Drew Garza - IPA represented the Seller. LOAN AMOUNT: $10,480,000 LOAN TYPE: Bridge Loan LOAN TERMS: 80% LTC / 3.95% Rate / 29 day close

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Address6111 Vance Jackson Road

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