iBorrow Provides $10.3 Million Acquisition Loan for Multifamily Property in Riverdale, Georgia

iBorrow, a nationwide private direct lender for commercial real estate, has provided a $10.3 million acquisition loan secured by a 95% occupied 114-townhome community property in Riverdale, Georgia.

Brian Good, iBorrow CEO, said, “We like the location of this property and its use in Riverdale, given its proximity to many major employers within the area such as Delta and Emory University. We believe the location and high employment demand are the pipeline for this property to thrive. We are happy we could meet the borrower’s specific needs in a timely manner.”

Contact:

Javier Herrera - VP of Originations

C: 305-733-1944

E: [email protected]