Concordia Properties Obtains $97.5M Bridge Loan For Multifamily Portfolio In DE, NJ, And PA
3400 Miller Road, 309 West Brooke Avenue, #A2, 95 Heights Lane, 400 East Street Road & 387 Plaza Boulevard
MultiFamily
630,000 SF
630,000 SF
Financed 1 year ago
Summary
The multifamily property located at 3400 Miller Road, 309 West Brooke Avenue, 95 Heights Lane, 400 East Street Road, and 387 Plaza Boulevard has been involved in a closed transaction. The property encompasses a total of 630,000 square feet and consists of 636 units. It is situated in the markets of Wilmington, DE, Magnolia, NJ, Feasterville, and Morrisville, PA.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $97,450,000
- Loan Type: Bridge Loan
The transaction was facilitated by Concordia Properties as the landlord. The broker representing the deal was Steven Vegh from Westwood Realty Associates.
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3400 Miller Road, 309 West Brooke Avenue, #A2, 95 Heights Lane, 400 East Street Road & 387 Plaza Boulevard
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