Bellwether Enterprises Provides $36.7M Construction Loan For Multifamily Property In Von Ormy, TX

Somerset Road & Fischer Road

MultiFamily

Summary

Loan

TEXAS

MultiFamily

Located at Somerset Rd & Fischer Rd in Von Ormy, this multifamily property consists of 348 units. The transaction took place on October 25, 2021.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $36,700,000
Address: Somerset Rd & Fischer Rd
Market: Von Ormy
Units: 348

Ned Huffman from Bellwether Enterprises provided the construction loan of $36,700,000 for this project. The borrower, Galaxy Builders Ltd, was represented by Neilesh Verma.

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Details

Deal Summary

FINANCED

IMAGE: Ned Huffman & Neilesh Verma DATE: 10/25/2021 ADDRESS: Somerset Rd & Fischer Rd MARKET: Von Ormy ASSET TYPE: Multifamily ~ UNITS: 348 LENDER: Bellwether Enterprises - Ned Huffman LANDLORD: Galaxy Builders Ltd - Neilesh Verma LOAN AMOUNT: $36,700,000 LOAN TYPE: Construction

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AddressSomerset Road & Fischer Road

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