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4504 Clewis Avenue

Beck Daniel And Scott Hartley Secure $19 Million Mezzanine Loan For 268-Unit Multifamily In Tampa
FINANCEDMultiFamily

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

Brian Gaswirth

JLL

Broker

$6.3B

vol

45 deals

Broker
VP
Vista Residential PartnersLandlord

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