facebook
Traded Co logo
Submit

Freddie Mac Refinances Multifamily Property In Miami For $52.2M

Property Image
FINANCED
$52,249,000

Florida

See Similar Deals
MultiFamily
Financed 08/01/2022
the dealplayerscompscontact
Property Image
FINANCED

Freddie Mac Refinances Multifamily Property In Miami For $52.2M

250 NE 25th St

See Similar Deals
MultiFamily
Financed 08/01/2022
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan

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

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.

Players

Peter Mekras
Aztec Group
Peter Mekras
18 deals$1B volume(305) 725-5892
BROKER
Freddie Mac
Freddie Mac
LENDER
Melo Group
Melo Group
LANDLORD

Details

FINANCED
IMAGE: Peter Mekras DATE: 08/01/2022 ADDRESS: 250 NE 25th St MARKET: Miami ASSET TYPE: Multifamily ~ UNITS: 214 ~ SF: 252,350 LENDER: Freddie Mac LANDLORD: Melo Group BROKER: Peter Mekras - Aztec Group LOAN AMOUNT: $52,249,000 LOAN TYPE: Refinance

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$52,249,000.00

Monthly NOI$348,326.67
Monthly Debt Service$330,249.22
Change in Cash Flow$0.00
Refinance Proceeds$0.00