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Berkadia Secures $24.64 Million Loan For Multifamily Acquisition In Fort Lauderdale

Property Image
FINANCED
$24,640,000
Brad Williamson
Mitch Sinberg
+ 2

Florida

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MultiFamily
Financed 11/04/2025
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Property Image
FINANCED

Berkadia Secures $24.64 Million Loan For Multifamily Acquisition In Fort Lauderdale

2500 Southwest 22nd Terrace

See Similar Deals
MultiFamily
Financed 11/04/2025
Brad Williamson
Mitch Sinberg
+ 2
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in the transaction is a multifamily property located at 2500 Southwest 22nd Terrace, situated in the Fort Lauderdale market. The property consists of 140 units and is backed by a loan amounting to $24,640,000, secured through a fixed-rate acquisition loan with a five-year term facilitated by Berkadia via Freddie Mac.

Summary of transaction details:

The transaction features several key individuals including Matthew Robbins, Mitch Sinberg, Scott Wadler, Brad Williamson, and Hugo Hernandez, all representing Berkadia in the deal. Their involvement highlights the coordinated effort between various brokers to facilitate the loan transaction for the property owned by Rental Asset Management (RAM).

Players

Brad Williamson
107 deals$6.8B volume(786) 646-2580
BROKER

Mitch Sinberg
Berkadia
131 deals$8.3B volume(561) 609-4006
BROKER

Matthew (Matt) Robbins
Berkadia
113 deals$6.8B volume
BROKER

Scott Wadler
Berkadia
160 deals$9.8B volume
BROKER

Hugo Hernandez
Berkadia
9 deals$617.9M volume
BROKER

Berkadia
BROKERAGE

Details

FINANCED
IMAGE: Brad Williamson, Scott Wadler, Matthew Robbins, Hugo Hernandez & Mitch Sinberg DATE: 10/31/2025 ADDRESS: 2500 Southwest 22nd Terrace MARKET: Fort Lauderdale ASSET TYPE: Multifamily ~ UNITS: 140 LENDER: Berkadia via Freddie Mac (@FreddieMacCorp) LANDLORD: Rental Asset Management (RAM) BROKERS: Matthew Robbins, Mitch Sinberg (@MitchSinberg), Scott Wadler (@SWadler1), Brad Williamson & Hugo Hernandez - Berkadia (@Berkadia) LOAN AMOUNT: $24,640,000 LOAN TYPE: Acquisition LOAN TERMS: Five-year, fixed-rate loan.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$24,640,000.00

Monthly NOI$164,266.67
Monthly Debt Service$155,741.56
Change in Cash Flow$0.00
Refinance Proceeds$0.00