Alexander Saieh, Alejandro Velez & Zach Fox Secure $37 Million Bridge Loan For Multifamily Asset In Palm Bay

The transaction involves a multifamily asset comprising 171 units, located at 3400 Wedgewood Drive Northeast in the Palm Bay market. The loan amount secured for this property is $37,000,000 under a bridge loan type.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,000,000
• Address: 3400 Wedgewood Drive Northeast
• Market: Palm Bay
• Lender: RMWC
• Landlord: Alexander Saieh, Alejandro Velez & Zach Fox - Midtown Capital Partners
• Landlord's Representative: Mitch Sinberg, Scott Wadler, Brad Williamson, Matthew Robbins & Patrick Johnson - Berkadia
• Units: 171

Key individuals involved in this transaction include the landlord group Midtown Capital Partners, represented by Alexander Saieh, Alejandro Velez, and Zach Fox. The landlord's representation in this deal is provided by a team from Berkadia, consisting of Mitch Sinberg, Scott Wadler, Brad Williamson, Matthew Robbins, and Patrick Johnson.