Fannie Mae Refinances Multifamily Property In Fort Lauderdale For $12M

The multifamily property located at 401 Northwest 1st Avenue in Fort Lauderdale has undergone a refinancing transaction. The property consists of 35 units and is owned by Urban Street Development.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $12,000,000
• Lender: Fannie Mae
• Brokers: Scott Wadler, Mitch Sinberg, Brad Williamson & Matthew (Matt) Robbins - Berkadia

The loan for the refinancing was provided by Fannie Mae. The brokers involved in the transaction are Scott Wadler, Mitch Sinberg, Brad Williamson, and Matthew (Matt) Robbins from Berkadia.