Mesa West Recapitalizes Boynton Beach Multifamily With $49.2M Loan

The multifamily property located at 1625 Renaissance Commons Blvd in Boynton Beach, Florida, recently went through a recapitalization transaction. The property spans over 2.5 acres and consists of 219 units. The transaction took place on 08/30/2022.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $49,240,000
• Market: Boynton Beach
• Number of Units: 219
• Total Acres: 2.5

Mesa West Capital, represented by Russell Frahm, Brian Hahn, and Jacob Rosen, provided the loan for the recapitalization of the property. The landlord of the asset is ESG Kullen and Angelo Gordon. The broker facilitating the deal was Michael Lupo from CCL Capital.