Axonic Properties Acquires Multifamily Property In Lutz For $57.5M With KeyBank Loan
FINANCED
Florida
See Similar DealsMultiFamily476,702 SF
Financed 07/04/2022
FINANCED
Axonic Properties Acquires Multifamily Property In Lutz For $57.5M With KeyBank Loan
15115 Livingston Ave
See Similar DealsMultiFamily476,702 SF
Financed 07/04/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:476,702 SF
Transaction Type:Loan
The property involved in this transaction is a multifamily asset located at 15115 Livingston Ave in Lutz, featuring a total square footage of 476,702 and comprising 312 units. The loan amount secured for this acquisition is $57,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $57,500,000
- Asset Address: 15115 Livingston Ave
- Market: Lutz
- Lender: KeyBank - Alan Isenstadt
- Landlord: Axonic Properties - Jonathan Shechtman & Brian Kennedy
- Loan Type: Acquisition
The deal involved key individuals including Alan Isenstadt representing KeyBank as the lender, while Axonic Properties was represented by Jonathan Shechtman and Brian Kennedy, marking a significant collaboration in the multifamily sector.
Details
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Debt Service Coverage Ratio (DSCR)
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Max Loan Amount
$0.00
Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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