Beck Daniel And Scott Hartley Secure $19 Million Mezzanine Loan For 268-Unit Multifamily In Tampa
4504 Clewis Avenue
$19,675,000
$74/SF
Building Size
265,096 SF
Asset Type
MultiFamily
Closing
Feb 13, 2026
AI
The property asset involved in this transaction is a multifamily development located at 4504 Clewis Avenue in the Tampa market. The asset encompasses 268 units with a total square footage of 265,096. The loan amount secured for this development was $19,000,000, which falls under mezzanine construction financing.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,000,000
- Units: 268
- Square Footage: 265,096
- Address: 4504 Clewis Avenue
- Market: Tampa
- Lender: Crow Holdings Capital’s Credit Venture
- Landlord: Beck Daniel & Scott Hartley - Vista Residential Partners
- Broker Representatives: Brian Gaswirth & Michael Romero - JLL
The deal's key individuals include Beck Daniel and Scott Hartley, who represent Vista Residential Partners as the landlords. The broker representatives facilitating this transaction are Brian Gaswirth and Michael Romero from JLL, underscoring the professional involvement behind the financing arrangement.
Players
Tampa 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
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93