Beacon Real Estate Group Secures $38.35 Million Refinance Loan For Tampa Multifamily Asset

The property involved in this transaction is a multifamily asset located at 4949 Marbrisa Drive in the Tampa market, consisting of a total of 224 units. The refinancing involved a loan amount of $38,350,000, which includes a five-year fixed-rate loan of $29.93 million originated by Berkadia and a preferred equity investment of $8.42 million from Atlantic Pacific Capital Partners.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $38,350,000
• Lender: Berkadia via Freddie Mac (Debt) & Atlantic Pacific Capital Partners (Equity)
• Landlord: Beacon Real Estate Group
• Loan Type: Refinance
• Loan Terms: Five-year fixed-rate loan of $29.93 million and a preferred equity investment of $8.42 million

The key individuals involved in the deal include Scott Wadler, Mitch Sinberg, Matthew Nihan, Matthew Robbins, Brad Williamson, and Matt Jackson, all representing Berkadia in the transaction. Their roles facilitated the successful structuring and execution of the financing package for the property.