Matthew Paul With MAP Communities Secures $10 Million Loan For 62-Unit Multifamily In Pompano Beach

The property asset involved in this transaction is a multifamily building located at 3201 Northeast 7th Avenue in Pompano Beach. The asset encompasses 62 units and has a total square footage of 33,354. The transaction was supported by a loan amount of $10,000,000 designated for acquisition purposes.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $10,000,000
• Address: 3201 Northeast 7th Avenue
• Market: Pompano Beach
• Units: 62
• Square Footage: 33,354
• Landlord: Matthew Paul with MAP Communities & Adam Shapiro
• Brokers: Max La Cava, Pier Barinci, & Abbie Kushner - JLL
• Loan Type: Acquisition

The deal involved key individuals including landlord Matthew Paul and Adam Shapiro representing MAP Communities. Brokers for the transaction were Max La Cava, Pier Barinci, and Abbie Kushner from JLL, overseeing the acquisition loan agreement.