Freddie Mac Refinances Multifamily Property In Miami For $52.2M

The multifamily property located at 250 NE 25th St in Miami has been involved in a recent loan transaction. The property consists of 214 units with a total square footage of 252,350.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $52,249,000
• Lender: Freddie Mac
• Landlord: Melo Group
• Broker: Peter Mekras - Aztec Group
• Loan Type: Refinance

The loan amount for this transaction was $52,249,000 provided by Freddie Mac. Melo Group acted as the landlord for the property, while Peter Mekras from Aztec Group represented the deal as the broker.