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

Property Image
FINANCED
$10,773,000
Max La Cava
Pier Barinci
Abbie Kushner

Florida

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MultiFamily33,354 SF
Financed 05/09/2025
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Property Image
FINANCED

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

3201 Northeast 7th Avenue

See Similar Deals
MultiFamily33,354 SF
Financed 05/09/2025
Max La Cava
Pier Barinci
Abbie Kushner
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$323
Total Square Footage:33,354 SF
Transaction Type:Loan

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:

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.

Players

Max La Cava
JLL
Max La Cava
44 deals$1.5B volume(917) 825-7346
BROKER
Pier Barinci
JLL
Pier Barinci
27 deals$728.2M volume
BROKER
Abbie Kushner
JLL
Abbie Kushner
13 deals$283.1M volume
BROKER

Details

FINANCED
IMAGE: Pier Barinci, Matthew Paul, Max La Cava & Abbie Kushner DATE: 5/9/2025 ADDRESS: 3201 Northeast 7th Avenue MARKET: Pompano Beach ASSET TYPE: MultiFamily ~ UNITS: 62 ~ SF: 33,354 LANDLORD: Matthew Paul with MAP Communities & Adam Shapiro BROKERS: Max La Cava (@Max_La_Cava), Pier Barinci (@PierBarinci) & Abbie Kushner - JLL (@JLL) LOAN AMOUNT: $10,000,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$10,773,000.00

Monthly NOI$71,820.00
Monthly Debt Service$68,092.69
Change in Cash Flow$0.00
Refinance Proceeds$0.00