Eduardo Sanclemente Of Ambrus Asset Management Secures $28.53M Loan For Tampa Multifamily Acquisition

The property asset involved in this transaction is a 248-unit multifamily property located at 14508 Seaford Circle in the Tampa market. The acquisition loan amounts to $28,535,000 and is structured as a floating rate bridge loan with a two-year term and three one-year extension options.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,535,000
• Lender: Adam Siper - Ladder Capital
• Landlord: Eduardo Sanclemente - Ambrus Asset Management
• Brokers: Scott Wadler, Wesley Moczul, Brad Williamson, Mitch Sinberg & Matt Robbins - Berkadia
• Loan Type: Acquisition
• Loan Terms: Floating rate bridge loan with two-year term, and three 1-year extension options.

The deal involves several key individuals, including Adam Siper, representing Ladder Capital as the lender, and Eduardo Sanclemente, representing Ambrus Asset Management as the landlord. The transaction was brokered by a team from Berkadia, which includes Scott Wadler, Wesley Moczul, Brad Williamson, Mitch Sinberg, and Matt Robbins.