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Robbins Property Associates Secures $107.3 Million Refinance Loan From Berkadia For Multifamily Assets

Property Image
FINANCED
$107,300,000
Brad Williamson
Mitch Sinberg
+ 2

Florida

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MultiFamily
Financed 07/01/2025
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FINANCED

Robbins Property Associates Secures $107.3 Million Refinance Loan From Berkadia For Multifamily Assets

200 Avenue K Southeast, 4714 North Habana Avenue & 1746 Bowen Drive

See Similar Deals
MultiFamily
Financed 07/01/2025
Brad Williamson
Mitch Sinberg
+ 2
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in the transaction includes three multifamily properties located at 200 Avenue K Southeast, 4714 North Habana Avenue, and 1746 Bowen Drive within the markets of Winter Haven, Tampa, and Orlando. The total number of units across these properties is 944. The refinance loan amount secured for these properties is $107,300,000, with a 10-year fixed-rate loan structured for each property.

Summary of transaction details:

Key individuals involved in the transaction include the brokers from Berkadia who facilitated the deal. The team comprises Mitch Sinberg, Matthew Robbins, Scott Wadler, Brad Williamson, and Hugo Hernandez, representing the interests of Robbins Property Associates in the refinancing process.

Players

Brad Williamson
110 deals$6.9B volume(786) 646-2580
BROKER

Mitch Sinberg
Berkadia
135 deals$8.4B volume(561) 609-4006
BROKER

Matthew (Matt) Robbins
Berkadia
116 deals$6.9B volume
BROKER

Scott Wadler
Berkadia
166 deals$10.2B volume
BROKER

Hugo Hernandez
Berkadia
9 deals$617.9M volume
BROKER

Berkadia
BROKERAGE

Details

FINANCED
IMAGE: Mitch Sinberg, Matthew Robbins, Hugo Hernandez, Scott Wadler & Brad Williamson DATE: 07/01/2025 ADDRESS: 200 Avenue K Southeast, 4714 North Habana Avenue & 1746 Bowen Drive MARKET: Winter Haven, Tampa & Orlando ASSET TYPE: Multifamily ~ UNITS: 944 LENDER: Berkadia via Freddie Mac LANDLORD: Robbins Property Associates BROKERS: Mitch Sinberg (@MitchSinberg), Matthew Robbins, Scott Wadler (@SWadler1), Brad Williamson (@Howu_b_livin) & Hugo Hernandez - Berkadia (@Berkadia) LOAN AMOUNT: $107,300,000 LOAN TYPE: Refinance LOAN TERMS: A 10-year, fixed-rate loan for each property.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$107,300,000.00

Monthly NOI$715,333.33
Monthly Debt Service$678,208.99
Change in Cash Flow$0.00
Refinance Proceeds$0.00