Updated Nov 3, 2026
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:
- Property Type: Multifamily
- Transaction Amount: $21,000,000
- Borrower: Alan Benenson, Bryan Cohen, Jonathan Cohen, Samy Cohen & Alberto Dichi - Agador Spartacus Development
- Brokers: Max La Cava & Pier Barinci - JLL
- Loan Type: Bridge
- Date: 09/22/2026
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.
On the Map
$21,000,000
MultiFamily
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Players
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