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
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