Freddie Mac Optigo Provides $5.1M Supplemental Loan For Park Partners Residential's Davie Multifamily Property

3400 Davie Road, Davie, Florida 33314, United States

$5,110,000

$14/SF

Building Size

356,053 SF

Asset Type

MultiFamily

Closing

Apr 20, 2022

AI

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