Oklahoma City-area apartment complex sells for $4.75 million
admin / April 2026
Menora Financial acquires 217-unit Bethany Square Apartments from NuBridge Commercial Lending
Menora Financial Corp. acquired Bethany Square Apartments, a 217-unit multifamily property at 1900 N. Rockwell Ave. in Bethany, Oklahoma, from NuBridge Commercial Lending for $4.75 million or $21,889 per unit.
The two-story property was built in 1976 and renovated in 2018. The transaction carried a 12.1% capitalization rate, with a net operating income of $575,000 at closing, according to CoStar data.
The unit mix comprises 114 one-bedroom units, 60 two-bedroom units and 43 three-bedroom units. The property carried a 66% vacancy rate at the time of sale, with 144 units unoccupied.
The property previously sold for $14 million.
Menora Financial Corp. is a privately held company headquartered in Skokie, Illinois, with offices in South Bend, Indiana, and Israel. Founded in 1995, the company focuses primarily on multifamily real estate and health care investments.
NuBridge Commercial Lending, headquartered in Diamond Bar, California, is a privately held direct lender specializing in first-lien, short-term bridge loans for small-balance commercial real estate across the United States. Founded in 2020 and backed by Trive Capital, the company offers financing between $1 million and $10 million across a range of property types, including multifamily, mixed-use and retail properties.
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