GTIS Partners Secures $37.5M Acquisition Loan For Build For Rent MultiFamily In Port St. Lucie | 10807 Southwest Tradition Square - Tradition Master Planned Community | CIT Bank | Matthew (Matt) Nihan, Scott Wadler, Brad Williamson, Mitch Sinberg, Matthew (Matt) Robbins | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

The build for rent multifamily property located at 10807 SW Tradition Square in the Tradition Master Planned Community of Port St. Lucie has been involved in a recent loan transaction.

Summary of transaction details

Property Type: Build for Rent MultiFamily
Transaction Amount: $37,500,000
Units: 216
Lender: CIT Bank
Landlord: GTIS Partners

The loan was provided by CIT Bank for the acquisition of the property in Port St. Lucie. The deal was facilitated by the brokerage firm Berkadia, with Scott Wadler, Matthew (Matt) Nihan, Brad Williamson, Mitch Sinberg, and Matthew (Matt) Robbins representing the parties involved in the transaction.

Players

All
7

Agents
5
Agencies
1
Lenders
1

$396.7M Sold

$46.6M Sold

Senior Managing Director

$421.6M Sold

Matthew (Matt) Robbins

Associate Director

$44.6M Sold

Berkadia

CIT Bank

Details

Deal Summary

FINANCED

IMAGE: Matthew (Matt) Robbins, Mitch Sinberg, Scott Wadler, Brad Williamson & Matthew (Matt) Nihan DATE: 09/13/2023 ADDRESS: 10807 SW Tradition Square - Tradition Master Planned Community MARKET: Port St. Lucie ASSET TYPE: Build for Rent MultiFamily ~ UNITS: 216 LENDER: CIT BANK LANDLORD: GTIS Partners BROKERS: Scott Wadler (@SWadler1), Matthew (Matt) Nihan, Brad Williamson (@Howu_B_Livin), Mitch Sinberg (@TheJewishIceberg) & Matthew (Matt) Robbins - Berkadia (@Berkadia) LOAN AMOUNT: $37,500,000 LOAN TYPE: Acquisition

View on map

Address10807 Southwest Tradition Square - Tradition Master Planned Community

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want