Scott Waynebern, Eric Draeger & Michael Squires Of MF1 Provide $44.2M Refinance Loan For Multifamily Asset In Ocala
2150 Northwest 21st Avenue
$44,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 10, 2025
AI
The asset involved in this transaction is a multifamily property located at 2150 Northwest 21st Avenue, Ocala, featuring 272 units. The loan amount for this refinance transaction is $44,200,000, with a two-year floating rate loan as the loan type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $44,200,000
- Loan Type: Refinance
- Loan Terms: Two-year floating rate loan
- Lender: Scott Waynebern, Eric Draeger & Michael Squires - MF1
- Landlord: Anzan Investments & Bel Canto Asset Growth Fund
- Brokers: Mike Aylmer, Scott Wadler, Mitch Sinberg & Bob Falese - Berkadia
The deal includes key representatives from MF1 as lenders, while the landlords are represented by Anzan Investments and Bel Canto Asset Growth Fund. The brokerage team handling this transaction consists of Mike Aylmer, Scott Wadler, Mitch Sinberg, and Bob Falese from Berkadia.
Players
Ocala MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93