Sumitomo Mitsui Banking Corporation Provides $102M Loan For Tampa Multifamily Property

2110 North Ola Avenue in Tampa has recently been involved in a multifamily transaction. The property consists of 314 units and includes 27,418 square feet of ground-floor retail and entertainment space. The deal was facilitated by brokers Jordan Roeschlaub, Chris Kramer, Danny Matz, and Don Pavlov from Newmark. The loan for this transaction was provided by Sumitomo Mitsui Banking Corporation, with a total amount of $102,000,000. The landlord of the property is SoHo Capital.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $102,000,000
• Units: 314
• Retail SF: 27,418 (Ground-floor Retail & Entertainment Space)
• Lender: Sumitomo Mitsui Banking Corporation
• Landlord: SoHo Capital
• Brokers: Jordan Roeschlaub, Chris Kramer, Danny Matz, and Don Pavlov - Newmark

The professionals involved in this deal, including brokers Jordan Roeschlaub, Chris Kramer, Danny Matz, and Don Pavlov, played a crucial role in facilitating the transaction. Sumitomo Mitsui Banking Corporation provided the loan for the deal, while SoHo Capital acted as the landlord of the property.