Pulso Capital Secures $14M Acquisition Loan For 39-Unit Multi Family In Pompano Beach

The property at 4091 West Palm Aire Drive in Pompano Beach was recently involved in a closed transaction. The asset is a multi-family property consisting of 39 units. The deal was facilitated by Mitch Sinberg, Matt Robbins, Brad Williamson, Scott Wadler, and Michael Basinski from Berkadia, who represented the buyer, seller, landlord, and tenant in the transaction.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $14,000,000
• Loan Type: Acquisition
• Loan Terms: fixed-rate, five-year loan at a 65 percent LTV, with full term interest only
• Lender: Steeprock
• Landlord: Pulso Capital
• Brokers: Mitch Sinberg, Matt Robbins, Brad Williamson, Scott Wadler & Michael Basinski - Berkadia

The key individuals and companies involved in the deal were instrumental in facilitating the transaction. The buyer, seller, landlord, and tenant were represented by Mitch Sinberg, Matt Robbins, Brad Williamson, Scott Wadler, and Michael Basinski from Berkadia. Their expertise and negotiation skills ensured a successful outcome for all parties involved.