FrontRange Capital Partners Secures $74.83M Refinance Loan From Freddie Mac For EVO St. Petersburg

The property asset involved is a multifamily building located at EVO St. Petersburg, 334 2nd Avenue South in the St. Petersburg market. It comprises 220 units and spans a total of 223,400 square feet. The property has been refinanced for a loan amount of $74,829,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $74,829,000
• Units: 220
• Square Footage: 223,400 SF
• Lender: Michael Fagan - Freddie Mac
• Borrower: David Robertson, Sam Merkel, & Connor Grealy – FrontRange Capital Partners
• Originators: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Stepniewski, Michael Ianno & Cody Ela - Walker & Dunlop
• Loan Type: Refinance

The deal features a team of originators from Walker & Dunlop, including Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Stepniewski, Michael Ianno, and Cody Ela, who facilitated the refinancing process for FrontRange Capital Partners, led by David Robertson, Sam Merkel, and Connor Grealy.