Arbor Realty Trust Provides $30M Acquisition Loan For Tucson Multifamily Property | 3985 North Stone Avenue | Arbor Realty Trust | Scott Rosenstock, Barry Lefkowitz | MultiFamily | Loan

Summary

Loan

ARIZONA

MultiFamily

The multifamily property located at 3985 N Stone Ave in Tucson, AZ has recently undergone a closed transaction. The property consists of 232 units and was acquired by Vertical Street Ventures.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: Not specified

The loan for the acquisition was provided by Arbor Realty Trust. Barry Lefkowitz and Scott Rosenstock from Meridian Capital Group represented the buyers as brokers in the deal. The loan amount totaled $30,000,000 and was an acquisition loan with a 36-month term. The loan features an interest-only payment structure with a spread of 4.05 percent.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Meridian Capital Group

Arbor Realty Trust

Details

Deal Summary

FINANCED

IMAGE: Barry Lefkowitz & Scott Rosenstock DATE: 07/25/2022 ADDRESS: 3985 N Stone Ave MARKET: Tucson, AZ ASSET TYPE: Multifamily ~ UNITS: 232 LENDER: Arbor Realty Trust LANDLORD: Vertical Street Ventures BROKERS: Barry Lefkowitz & Scott Rosenstock - Meridian Capital Group LOAN AMOUNT: $30,000,000 LOAN TYPE: Acquisition Loan LOAN TERMS: The interest-only loan features a spread of 4.05 percent and a 36-month term.

View on map

Address3985 North Stone Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want