FINANCED
NewPoint Real Estate Capital Provides $35.3M Bridge Loan For 198-Unit Multifamily In Round Rock, TX
8100 County Road 110
MultiFamily
Financed 1 year ago
Summary
Loan
TEXAS
MultiFamily
The multifamily property located at 8100 County Road 110 in Round Rock, TX has been involved in a recent closed transaction. The property consists of 198 units and was part of a loan deal.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $35,300,000
- Loan Type: Bridge Loan
- Loan Terms: Two-year, floating-rate loan with three one-year extension options
The lender in this transaction was NewPoint Real Estate Capital, represented by Brian Skurnik. The landlord of the property was River Rock Capital, represented by Mitchell Hammer. Additionally, the brokers involved in this deal were Judah Hammer and Daniel Neiss from Meridian Capital Group.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Judah Hammer & Daniel Neiss
DATE: 10/21/2022
ADDRESS: 8100 County Road 110
MARKET: Round Rock, TX
ASSET TYPE: Multifamily ~ UNITS: 198
LENDER: NewPoint Real Estate Capital (@NewPoint_REC) - Brian Skurnik
LANDLORD: River Rock Capital - Mitchell Hammer
BROKERS: Judah Hammer (@JudahHammer) & Daniel Neiss - Meridian Capital Group (@Meridian.Capital.Group)
LOAN AMOUNT: $35,300,000
LOAN TYPE: Bridge Loan
LOAN TERMS: two-year, floating-rate loan with three one-year extension optionsView on map
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Address8100 County Road 110
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