Freddie Mac Optigo Provides $5.1M Supplemental Loan For Park Partners Residential's Davie Multifamily Property | 3400 Davie Road | Freddie Mac | Kenny Cutler, Elliott Throne | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

356,053 sqft

A seven-year, fixed-rate loan has been secured for a multifamily property located at 3400 Davie Rd in Davie. The property, consisting of 260 units, has obtained $5,110,000 in supplemental financing from Freddie Mac Optigo℠. The loan was facilitated by Elliott Throne & Kenny Cutler of JLL Capital Markets on behalf of Park Partners Residential.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $5,110,000
Date: 04/21/2022
Address: 3400 Davie Rd
Market: Davie

Elliott Throne & Kenny Cutler, representing JLL Capital Markets, played a pivotal role as brokers in this deal, assisting in securing the loan for the property located in Davie.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Kenny Cutler

Associate

Elliott Throne

Senior Managing Director, Capital Markets

JLL

Freddie Mac

Details

Deal Summary

FINANCED

IMAGE: Elliott Throne & Kenny Cutler DATE: 04/21/2022 ADDRESS: 3400 Davie Rd MARKET: Davie ASSET TYPE: Multifamily ~ UNITS: 260 LENDER: Freddie Mac Optigo℠ LANDLORD: Park Partners Residential (@ParkPartnersRes) BROKERS: Elliott Throne & Kenny Cutler (@Kenny_Cutler) - JLL Capital Markets (@Jll) (@Jll_Usa) LOAN AMOUNT: $5,110,000 LOAN TYPE: Supplemental Financing LOAN TERMS: seven-year, fixed-rate loan

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Address3400 Davie Road

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