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3939 Ehrlich Road
FINANCED

TruAmerica Multifamily & Oaktree Capital Management Acquires 325-Unit Multifamily In Tampa For $64.1M

3939 Ehrlich Road

MultiFamily
clock iconFinanced 1 year ago
Mitch Sinberg
Matthew (Matt) Robbins
Brad Williamson
+ 2
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Summary

Loan
FLORIDA
MultiFamily

An acquisition loan in the amount of $64,100,000 has been secured for a multifamily property located at 3939 Ehrlich Road in Tampa. The property, spanning 56 acres, consists of 325 units. The loan, which has a five-year term, is a floating-rate loan.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $64,100,000
  • Address: 3939 Ehrlich Road
  • Market: Tampa
  • Units: 325
  • Acres: 56

The acquisition loan was facilitated by Mitch Sinberg, Matthew Robbins, Brad Williamson, and Scott Wadler of Berkadia. The financing was obtained by TruAmerica Multifamily and Oaktree Capital Management, L.P., who are the landlords of the property.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Mitch Sinberg's profile picture
Mitch Sinberg
Berkadia-image
Senior Managing Director
$421.6M Sold
Scott Wadler's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Matthew Robbins, Mitch Sinberg, Scott Wadler & Brad Williamson DATE: 08/08/2022 ADDRESS: 3939 Ehrlich Road MARKET: Tampa ASSET TYPE: Multifamily ~ UNITS: 325 ~ ACRES: 56 LANDLORD: TruAmerica Multifamily & Oaktree Capital Management, L.P. BROKERS: Mitch Sinberg, Matthew Robbins, Brad Williamson & Scott Wadler - Berkadia (@Berkadia) LOAN AMOUNT: $64,100,000 LOAN TYPE: Acquisition Loan LOAN TERMS: floating-rate loan with a five-year term

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Address3939 Ehrlich Road

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