Updated Sep 11, 2026
Freddie Mac Refinances Multifamily Property In Miami For $52.2M
250 NE 25th St
$52,249,000
Units
214
Asset Type
MultiFamily
Closing
Aug 1, 2022
About this deal
AI
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.
On the Map
$52,249,000
MultiFamily
View full map
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Miami multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93