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USBank has provided $107.25 million of mortgage financing against six industrial properties with 1.48 million square feet, helping fund the $165 million purchase of the portfolio by an investment fund sponsored by MDH Partners. As reported, the portfolio was purchased from ...
Commercial Real Estate Direct Staff Report MDH Partners has paid $165 million for a portfolio of six industrial buildings with 1.48 million square feet in Kentucky, Georgia, Florida, and Ohio. The Atlanta investment manager, which early last year raised $1.2 ...
Atlanta Business Chronicle Fairfield Residential has purchased the 365-unit Chroma Park Apartments in Austell, Ga., for $63.4 million, or $173,699/unit. The San Diego multifamily investor acquired the three-story complex from FCP of Chevy Chase, Md., which had bought it in ...
The deal was funded with a $16.2 million Fannie Mae loan with a 10-year term.
The property is encumbered by a $20.15 million Fannie Mae loan that matures in 2025.
88 percent occupied.
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