Rockpoint Secures $59 Million Acquisition Loan From Fannie Mae For 257-Unit Multifamily Property In Wynwood

The asset involved in this transaction is a multifamily property located at 21 Northeast 22nd Street in Wynwood, featuring a total of 257 units. The acquisition loan amount for the property is $59,000,000, facilitated by Fannie Mae as the lender.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $59,000,000
• Address: 21 Northeast 22nd Street
• Market: Wynwood
• Lender: Fannie Mae
• Landlord: Rockpoint
• Units: 257
• Loan Type: Acquisition

The transaction was represented by brokers Mitch Sinberg, Scott Wadler, Matt Robbins, Abigail Beauchamp, Jared Hill, and Brad Williamson from Berkadia, reflecting a collaborative effort in securing the deal.