Kent Carpenter with Johnson Capital, a national real estate capital advisory firm, recently arranged an $11.2 million permanent loan for a Class-A 148-unit multi-family property located in Indianapolis.
The garden-style complex is about 10 years old. The units are spread across more than 20 buildings, and amenities include a swimming pool, clubhouse and fitness center.
The property is owned by a privately held commercial real estate company based in the Midwest . This is the sixth transaction completed for the client by Carpenter.