Updated Oct 27, 2026
Nick Rahman & Matt Adler Of Adler Real Estate Partners Secure $212.79M Refinance For Light Industrial Portfolio
1225 Broken Sound Parkway Northwest
$212,790,000
Building Size
—
Asset Type
Industrial
Closing
Sep 30, 2026
About this deal
AI
The transaction involves a light industrial portfolio located across multiple addresses including 1825A, 1825B, 1835A & 1835B Kramer Lane, 10535 Boyer Boulevard, 9055, 9065, 9075, 9104 & 9108 Guilford Road, 2100-2300 Riverchase Center, 1001-1225 Broken Sound Parkway NW, 4355, 4505 & 4555 Excel Parkway, and 16750 Westgrove, 13504 South Point Boulevard, and 13900 & 14201 South Lakes Drive, 5241-5249 NW 33rd Ave & 1395 NW 17th Ave. The loan agreement for the portfolio is valued at $212,790,000 and is categorized as a refinance in the broader markets of Boca Raton FL, Austin, TX, Columbia, MD, Hoover, AL, Addison, TX, Charlotte, NC, Ft. Lauderdale, FL, and Delray Beach.
Summary of transaction details:
- Property Type: Light Industrial Portfolio
- Transaction Amount: $212,790,000
- Borrower: Nick Rahman & Matt Adler - Adler Real Estate Partners
- Broker Representatives: Melissa Rose, Michael DiCosimo, Nicole Diaz & Magnus Kron - JLL
- Loan Type: Refinance
The deal features key individuals including Nick Rahman and Matt Adler representing Adler Real Estate Partners as the borrowers. The transaction was facilitated by brokers from JLL, comprising Melissa Rose, Michael DiCosimo, Nicole Diaz, and Magnus Kron, who played vital roles in executing the loan process.
On the Map
$212,790,000
Industrial
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Players
Boca Raton Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93