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4350 West Sunrise Boulevard

Updated Oct 28, 2024

Madison Realty Capital Provides $85M Construction Loan For Multifamily Project In Plantation
FINANCEDMultiFamily

Madison Realty Capital Provides $85M Construction Loan For Multifamily Project In Plantation

4350 West Sunrise Boulevard

$85,000,000

Building Size

Asset Type

MultiFamily

Closing

Sep 8, 2022

About this deal

AI

4350 West Sunrise Boulevard in Plantation has been involved in a recent closed transaction. The asset under consideration is a multifamily property.

Summary of transaction details:

The deal was facilitated by the involvement of key individuals and companies. The lender for this transaction was Madison Realty Capital, with Josh Zegen representing them. The landlord in this transaction was Invesca Development Group. The brokers involved in the deal were Jay Miller, Spencer Miller, and AJ Felberbaum from BayBridge Real Estate Capital.

Players

Aj Felberbaum

BayBridge Real Estate Capital

Broker

$2.5B

vol

34 deals

Broker
Madison Realty Capital
Madison Realty CapitalLender

Plantation MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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