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Grandbridge Real Estate Capital closes $38 million in multi-family loans, including one for Kansas community

Staff Writer April 5, 2017
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Villa Medici

The Atlanta office of Grandbridge Real Estate Capital recently originated and closed three multi-family transactions totaling $38.325 million, including one for a 166-unit multi-family property in Overland Park, Kansas.

That transaction, a $17.835 million first mortgage non-recourse bridge loan, was secured by Villa Medici Apartments. Alan Tapie, a senior vice president with Grandbridge, originated the loan.

Villa Medici features a clubhouse, theater room, fitness center, water features and covered parking.

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