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2449 Northeast 13th Avenue

Scott Lawlor Of Waypoint Secures $5.4 Million Acquisition Loan For Multifamily Asset In Wilton Manors
FINANCEDMultiFamily

Scott Lawlor Of Waypoint Secures $5.4 Million Acquisition Loan For Multifamily Asset In Wilton Manors

2449 Northeast 13th Avenue

$5,400,000

Building Size

Asset Type

MultiFamily

Closing

Apr 6, 2026

AI

The property asset involved in this transaction is a multifamily building located at 2449 Northeast 13th Avenue in Wilton Manors. The acquisition loan for the property amounts to $5,400,000, which was facilitated by a group of lenders. The details of the transaction outline the financial arrangement without delving into additional aspects of the property itself.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,400,000
  • Lender: Todd Richardson, Ignacio Diaz, Jose Padua & Ben Gluck - Brora Capital
  • Landlord: Scott Lawlor - Waypoint
  • Loan Type: Acquisition

The deal comprises key individuals including Todd Richardson, Ignacio Diaz, Jose Padua, and Ben Gluck, all representing Brora Capital as the lenders in this acquisition. Scott Lawlor acts as the landlord and is associated with Waypoint in this transaction.

Players

BC
Brora CapitalLender

Scott Lawlor

Waypoint Real Estate Investments

Landlord

$310.2M

vol

8 deals

Landlord

Wilton Manors MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.94%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93