FINANCED
MetLife Provides $36M Refinance Loan For Sunrise Multifamily Property
3991 Northwest 82nd Avenue
MultiFamily
Financed 135 days ago
Summary
Loan
FLORIDA
MultiFamily
The multifamily property located at 3991 Northwest 82nd Avenue in Sunrise has been involved in a loan transaction.
Summary of transaction details
- Property Type: Multifamily
- Loan Amount: $36,000,000
- Loan Type: Refinance
- Loan Terms: 10-year, fixed-rate loan with full term interest only and a 60% loan-to-value ratio
The loan was secured from Met Life. The landlord, Andy Burnham, sought to refinance the property with the loan amount of $36,000,000. The terms of the loan include a 10-year fixed-rate arrangement with full term interest only and a 60% loan-to-value ratio.
Berkadia represented the landlord in the deal, with Charles Foschini, Christopher Apone, and Lourdes Carranza-Alvarez serving as brokers.
Players
All
4
Agents
3
Agencies
1
Details
FINANCED
IMAGE: Lourdes Carranza-Alvarez, Charles Foschini & Christopher Apone
DATE: 12/14/2023
ADDRESS: 3991 Northwest 82nd Avenue
MARKET: Sunrise
ASSET TYPE: Multifamily ~ UNITS: 175
LENDER: Met Life
LANDLORD: Andy Burnham
BROKERS: Charles Foschini (@Gladesman1), Christopher Apone & Lourdes Carranza-Alvarez - Berkadia (@Berkadia)
LOAN AMOUNT: $36,000,000
LOAN TYPE: Refinance
LOAN TERMS: 10-year, fixed-rate loan with full term interest only and a 60% loan-to-value ratioView on map
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Address3991 Northwest 82nd Avenue
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