Berkadia/Freddie Mac Provides $24.4M Loan For Multifamily Property In Tampa
FINANCED
$24,400,000
Florida
See Similar DealsMultiFamily617 SF
Financed 11/02/2020
FINANCED
Berkadia/Freddie Mac Provides $24.4M Loan For Multifamily Property In Tampa
3110 Grand Pavilion Drive, Tampa, FL, USA
See Similar DealsMultiFamily617 SF
Financed 11/02/2020
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$39,546
Total Square Footage:617 SF
Transaction Type:Loan
Located at 3110 Grand Pavilion Drive in Tampa, this multifamily property was involved in a closed transaction. The deal was facilitated by Praxis Capital as the landlord. The property is in the market of Tampa and is classified as a multifamily asset.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $24,400,000
- Lender: berkadia''>berkadia'>Berkadia/Freddie Mac
- Brokers: Mitch Sinberg & Matt Robbins
Mitch Sinberg & Matt Robbins, representing Praxis Capital, were the brokers involved in the deal. The loan for this transaction was provided by Berkadia/Freddie Mac.
Players
LENDER
LENDER
LANDLORD
Details
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$24,400,000.00
Monthly NOI$162,666.67
Monthly Debt Service$154,224.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions