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1445 Sportsman Ln Ne

Updated Nov 3, 2026

Agador Spartacus Development Secures $21 Million Bridge Loan For Multifamily Property In Palm Bay
FINANCEDMultiFamily

Agador Spartacus Development Secures $21 Million Bridge Loan For Multifamily Property In Palm Bay

1445 Sportsman Ln Ne

$21,000,000

Building Size

—

Asset Type

MultiFamily

Closing

Sep 22, 2026

About this deal

AI

The property asset involved in this transaction is located at 1445 Sportsman Ln NE in Palm Bay. It is categorized as a multifamily asset and is associated with a bridge loan amounting to $21,000,000.

Summary of transaction details:

This transaction involves key individuals including the borrowers Alan Benenson, Bryan Cohen, Jonathan Cohen, Samy Cohen, and Alberto Dichi, who represent Agador Spartacus Development. The brokerage representation is provided by Max La Cava and Pier Barinci from JLL, facilitating the bridge loan arrangement for this multifamily property in the Palm Bay market.

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$21,000,000

MultiFamily

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Players

Max La Cava

JLL

Broker

$1.8B

vol

51 deals

Broker
Jonathan Cohen

Jonathan Cohen

Agador Spartacus Development

Buyer

$21M

vol

1 deal

Buyer
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Palm Bay MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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