Beacon Real Estate Group Secures $41.6M Loan For Multifamily Property In Tampa
Florida
See Similar DealsBeacon Real Estate Group Secures $41.6M Loan For Multifamily Property In Tampa
4949 Marbrisa Drive
See Similar DealsSummary
The multifamily property located at 4949 Marbrisa Drive in Tampa has recently undergone a closed transaction. The property consists of 224 units, making it a significant asset in the area.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $41,600,000
- Address: 4949 Marbrisa Drive
- Market: Tampa
- Lender: ACRE
- Landlord: Beacon Real Estate Group
Handling the lending aspect of this transaction is ACRE, providing a loan amount of $41,600,000. The loan is of the acquisition type and comes with a term of 3 years. During this term, the loan will be interest-only, and the interest rate is set to be aggressively floating.
Representing the parties involved in the deal are Scott Wadler, Mitch Sinberg, and Matt Nihan from Berkadia. They have played a crucial role in facilitating this transaction on behalf of their clients, ensuring a successful outcome for all parties involved.
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