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15560 Render Way

Rick Voight Of Crescent Communities Secures $82.1M Refinance Loan For Multifamily Asset In Nokomis
FINANCEDMultiFamily

Rick Voight Of Crescent Communities Secures $82.1M Refinance Loan For Multifamily Asset In Nokomis

15560 Render Way

$82,100,000

Building Size

Asset Type

MultiFamily

Closing

May 19, 2026

AI

The asset involved in this transaction is a multifamily property located at 15560 Render Way in Nokomis. The loan amount secured for the refinance of this property is $82,100,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $82,100,000
  • Lender: Benefit Street Partners
  • Landlord: Rick Voight - Crescent Communities
  • Title Insurance: Jim Reichert - Kensington Vanguard
  • Loan Type: Refinance
  • Date: 05/20/2026

This transaction involves notable figures in the real estate and financing sectors. The landlord, Rick Voight, represents Crescent Communities, while Jim Reichert from Kensington Vanguard provides the title insurance for this deal.

Players

Jim Reichert

Broker

$275.9M

vol

7 deals

Broker
Benefit Street Partners Realty
Benefit Street Partners RealtyLender

Nokomis 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

0.19%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93