Beacon Real Estate Group Secures $36M Bridge Loan For Vinings At Laurel Creek Multifamily | Vinings at Laurel Creek - 3434 Laurens Road | CrossHarbor Capital Partners | Michael (Thomas) Basinski, Matthew (Matt) Nihan, Scott Wadler | MultiFamily | Loan

Summary

Loan

SOUTH CAROLINA

MultiFamily

1,362 sqft

The Vinings at Laurel Creek, located at 3434 Laurens Rd in Greenville, SC, has recently been involved in a closed property transaction. The multifamily property was acquired by Beacon Real Estate Group.

Summary of transation details:

Property Type: Multifamily
Transaction Amount: $36,000,000
Market: Greenville, SC

The loan for this acquisition was provided by CrossHarbor Capital Partners in the form of a bridge loan. The loan amount is $36,000,000. The loan terms include a sub-3.00% floating rate with full term interest only.

The brokers who facilitated this transaction were Michael Basinski, Scott Wadler, and Matthew Nihan from Berkadia Miami.

Players

All
5

Agents
3
Agencies
1
Lenders
1

Michael (Thomas) Basinski

$396.7M Sold

CrossHarbor Capital Partners

Details

Deal Summary

FINANCED

IMAGE: Michael Basinski, Scott Wadler & Matthew Nihan DATE: 06/10/2021 ADDRESS: Vinings at Laurel Creek - 3434 Laurens Rd MARKET: Greenville, SC ASSET TYPE: Multifamily LANDLORD: Beacon Real Estate Group LENDER: CrossHarbor Capital Partners BROKERS: Michael Basinski, Scott Wadler, Matthew Nihan - Berkadia Miami LOAN AMOUNT: $36,000,000 LOAN TYPE: Bridge LOAN TERMS: Sub-3.00% floating rate loan with full term interest only

View on map

AddressVinings at Laurel Creek - 3434 Laurens Road

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