Lee Schwartz Of Sheridan Capital Provides $10.8M Loan For Gulf Breeze Multifamily Property
75 Nightingale Lane
Units
74
Asset Type
—
Closing
Jul 1, 2025
About this deal
AI
The asset involved is a multifamily property consisting of 74 units located at 75 Nightingale Lane in Gulf Breeze. It has secured a loan amount of $10,800,000 to facilitate the transaction.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $10,800,000
- Address: 75 Nightingale Lane
- Market: Gulf Breeze
- Lender: Lee Schwartz - Sheridan Capital
Lee Schwartz from Sheridan Capital represents the lending side of this multifamily property transaction, facilitating the loan process for the buyer.
Traded’s record for 75 Nightingale Lane in Florida covers a commercial loan from 2025. Reported inventory is 74 units across 74 units. Named participants on the 75 Nightingale Lane loan are Lee Schwartz. This page is the Florida file for the 75 Nightingale Lane commercial financed: pricing, party profiles, and other closed commercial comps from the same Florida sit in the Market section below. Filter that local commercial set by closing date to see what else financed near 75 Nightingale Lane around 2025. Cite this Lee Schwartz Of Sheridan Capital Provides $10.8M Loan For Gulf Breeze Multifamily Property loan when underwriting similar commercial product around Florida.
Players
Market CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93