Freddie Mac Provides $17.87M Loan For Multifamily Property In Port St. Lucie | 150 Southwest Hidden Cove Way | Freddie Mac | Abigail Beauchamp, Mitch Sinberg, Matthew (Matt) Robbins | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

The multifamily property located at 150 Southwest Hidden Cove Way in Port St. Lucie has recently undergone a recapitalization. The property consists of 91 units and is owned by Rich Properties. The loan for this transaction was provided by Freddie Mac.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $17,870,000
Loan Type: Recapitalization
Loan Terms: 10-year loan with five years of interest only

Mitch Sinberg, Matt Robbins, and Abigail Beuchamp from Berkadia served as brokers for the deal.

Players

All
5

Agents
3
Agencies
1
Lenders
1

Abigail Beauchamp

Vice President of Originations

Mitch Sinberg

Senior Managing Director

$421.6M Sold

Matthew (Matt) Robbins

Associate Director

$44.6M Sold

Berkadia

Freddie Mac

Details

Deal Summary

FINANCED

IMAGE: Matt Robbins, Mitch Sinberg & Abigail Beuchamp DATE: 08/16/2022 ADDRESS: 150 Southwest Hidden Cove Way MARKET: Port St. Lucie ASSET TYPE: Multifamily ~ UNITS: 91 LENDER: Freddie Mac LANDLORD: Rich Properties BROKERS: Mitch Sinberg, Matt Robbins & Abigail Beuchamp - Berkadia (@Berkadia) LOAN AMOUNT: $17,870,000 LOAN TYPE: Recapitalization LOAN TERMS: 10-year loan with five years of interest only.

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Address150 Southwest Hidden Cove Way

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