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$15,371,500

For 180 Unit Multifamily Property
in Chandler, AZ

Financing Type: Permanent
Property Type: Multi-Family

Transaction Contacts

  • Adam Parker
    Phoenix Office
    (602) 374-2100

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

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Newmark was hired to source a maximum leverage acquisition loan with a low interest rate and flexible prepayment penalty. In addition, Mr. Parker sourced a lender that offered a loan with three years of interest only payments, which allows the increased cash flow to be spent on making improvements during the first three years of the loan.

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