Lee Schwartz Of Sheridan Capital Provides $21.9M Bridge Loan For Tampa Multifamily Asset

The asset involved in this transaction is a multifamily property situated at 12401 North 15th Street in Tampa, with a loan amount of $21,900,000 secured as a bridge loan. The property is positioned in a market conducive to multifamily investments, although specific characteristics and square footage details are not provided.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,900,000
• Lender: Lee Schwartz - Sheridan Capital
• Loan Type: Bridge
• Date: 01/23/2025

The transaction was facilitated by Lee Schwartz, representing Sheridan Capital, highlighting the involvement of experienced financial backing in the deal. The lender's expertise in multifamily bridge loans underscores the strategic approach to funding this asset.