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Eagle Property Capital Secures $20.09 Million Refinance Loan For Multifamily Asset In Clearwater

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FINANCED
$20,090,000
Jared Hill
Brad Williamson
+ 3

Florida

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MultiFamily
Financed 09/05/2025
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Property Image
FINANCED

Eagle Property Capital Secures $20.09 Million Refinance Loan For Multifamily Asset In Clearwater

13200 49th Street North

See Similar Deals
MultiFamily
Financed 09/05/2025
Jared Hill
Brad Williamson
+ 3
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan

The property asset involved in this transaction is a multifamily residential building with 183 units located at 13200 49th Street North in Clearwater. The transaction includes a refinance loan amounting to $20,090,000 with a loan type of floating-rate over seven years, including five years of interest-only payments.

Summary of transaction details:

The brokers involved in this transaction represent Eagle Property Capital and include several individuals from Berkadia, namely Scott Wadler, Mitch Sinberg, Brad Williamson, Matt Robbins, Abigail Beauchamp, and Jared Hill. Their collaborative efforts contributed to securing the refinancing for the multifamily asset.

Players

Brad Williamson
107 deals$6.8B volume(786) 646-2580
BROKER

Mitch Sinberg
Berkadia
131 deals$8.3B volume(561) 609-4006
BROKER

Matthew (Matt) Robbins
Berkadia
113 deals$6.8B volume
BROKER

Scott Wadler
Berkadia
160 deals$9.8B volume
BROKER

Jared Hill
Berkadia
5 deals$242.3M volume
BROKER

Abigail Beauchamp
Berkadia
15 deals$589.5M volume
BROKER

Berkadia
BROKERAGE

Details

FINANCED
IMAGE: Brad Williamson, Scott Wadler, Matt Robbins, Abigail Beauchamp, Mitch Sinberg & Jared Hill DATE: 09/05/2025 ADDRESS: 13200 49th Street North MARKET: Clearwater ASSET TYPE: Multifamily ~ UNITS: 183 LENDER: Berkadia via Freddie Mac LANDLORD: Eagle Property Capital BROKERS: Scott Wadler (@SWadler1), Mitch Sinberg (@MitchSinberg), Brad Williamson (@Howu_b_livin), Matt Robbins, Abigail Beauchamp & Jared Hill - Berkadia (@Berkadia) LOAN AMOUNT: $20,090,000 LOAN TYPE: Refinance LOAN TERMS: Seven-year, floating-rate loan with 5-years interest-only

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$20,090,000.00

Monthly NOI$133,933.33
Monthly Debt Service$126,982.47
Change in Cash Flow$0.00
Refinance Proceeds$0.00