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2850 Wild Pines Lane

Ken & Zac Goodman Of Interface Properties Secure $26.63M Acquisition Loan For Naples Multifamily
FINANCEDMultiFamily

Ken & Zac Goodman Of Interface Properties Secure $26.63M Acquisition Loan For Naples Multifamily

2850 Wild Pines Lane

$26,620,000

Building Size

Asset Type

MultiFamily

Closing

Aug 14, 2025

AI

The property asset involved in this transaction is a multifamily type located at 2850 Wild Pines Lane, Naples. It encompasses a total of 200 units and is part of the real estate market in the Naples area.

Summary of transaction details:

The deal features several key individuals and firms, with Ken & Zac Goodman representing Interface Properties as the landlords. The brokerage team from Berkadia, which includes Scott Wadler, Michael Basinski, Matthew Robbins, Brad Williamson, and Matt Jackson, facilitated the transaction in partnership with Freddie Mac.

Players

Brad Williamson

Berkadia

Broker

$7B

vol

111 deals

Broker
Berkadia
BerkadiaBrokerage

Freddie Mac

Berkadia

Lender

$573.2M

vol

8 deals

Lender

Naples 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

0.60%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93