Crescent Heights Secures $238.41 Million Refinance Loan For Forma Miami Multifamily Property

The multifamily asset at Forma Miami, located at 2900 Biscayne Boulevard in the Miami market, encompasses 588 units across a total area of 420,000 square feet. The refinance transaction has a loan amount of $238,408,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $238,408,000
• Lender: Walker & Dunlop via Freddie Mac
• Loan Type: Refinance
• Landlord: Crescent Heights
• Loan Officers: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Stepniewski, Michael Ianno
• Landlord Representatives: Russell Galbut, Sonny Kahn, Bruce Menin

Key representatives involved in this refinance deal include multiple loan officers aligned with Walker & Dunlop, demonstrating a collaborative effort among the team. Additionally, Crescent Heights is represented by Russell Galbut, Sonny Kahn, and Bruce Menin in this transaction.