Brief
ECA Acquires 20-Property Texas Multifamily Portfolio
Elowen Capital structured and sourced $101 million in total capitalization for ECA’s acquisition of a 20-property, 1,576-unit multifamily portfolio spanning 13 cities across Texas. The capitalization
Summary
Elowen Capital structured and sourced $101 million in total capitalization for ECA’s acquisition of a 20-property, 1,576-unit multifamily portfolio spanning 13 cities across Texas.
The capitalization combines $94.
2 million in senior and stretch senior bridge debt across two independent lenders with $6.7 million in limited partner equity. The debt consists of interest-only bridge loans provided... The post ECA Acquires 20-Property Texas Multifamily Portfolio appeared first on Connect CRE
Source
- Connect CREconnectcre.com
