The multifamily property located at 2701 Homestead Rd in Chapel Hill, NC has been involved in a recent closed transaction. The property consists of 224 units and has been acquired by Gindi Equities.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $30,300,000
- Address: 2701 Homestead Rd, Chapel Hill, NC
- Market: Chapel Hill, NC
- Units: 224
The loan for this acquisition was provided by Harbor Group International Commercial Funding, LLC. The loan amount is $30,300,000, and the loan terms are for a three-year period.
The brokers involved in this transaction were Blake Cohen, Mike Ryan, and Brian Linnihan from Cushman & Wakefield.
