Berkadia Brokers Secure $280.3M Loan For Multifamily Assets In Weston & Sunrise

The recently closed property transaction involves a multifamily asset located at 1343 Saint Tropez Circle in Weston and 1640 Northwest 128th Drive in Sunrise. The property consists of 972 units and has been traded for an undisclosed price.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $280,300,000
• Market: Weston & Sunrise
• Lenders: MF1 Capital, CBRE Capital Markets, Limekiln Real Estate, and Berkshire Group
• Brokers: Mitch Sinberg, Matt Robbins, and Hugo Hernandez - Berkadia

Acting as the lenders in this deal, MF1 Capital, CBRE Capital Markets, Limekiln Real Estate, and Berkshire Group provided a loan amount of $280,300,000.