Freddie Mac Optigo Provides $16M Loan For Jacksonville Multifamily Property

The multifamily property located at 11050 Harts Rd in Jacksonville has recently undergone a significant transaction. The property consists of 150 units and was involved in a closed deal.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16,000,000
• Loan Terms: 10-year, floating-rate loan
• Lender: Freddie Mac Optigo
• Landlord: Beachwold Residential LLC
• Brokers: Elliott Throne, Mona Carlton, C.W. Early, David Lott & Kenny Cutler - JLL

The loan for the transaction was provided by Freddie Mac Optigo. Beachwold Residential LLC acted as the landlord in the deal. The brokerage team involved in the transaction consisted of Elliott Throne, Mona Carlton, C.W. Early, David Lott, and Kenny Cutler from JLL. The loan amount for the deal was $16,000,000 with a term of 10 years and a floating interest rate.