JP Perez And Zach Rosen Of Related Group And Ralph Winter Of W5 Group Secure $30.5M Refinance Loan For 217-Unit Multifamily In Miami

The property asset involved in this transaction is a multifamily asset located at 51 Northwest 28th Street in Miami, consisting of 217 units. The loan amount secured for this property is $30,500,000, categorized as a refinance with a loan type featuring a three-year floating-rate, including two one-year extension options.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,500,000
• Loan Type: Refinance
• Loan Terms: Three-year floating-rate loan with two one-year extension options
• Market: Miami
• Asset Address: 51 Northwest 28th Street
• Units: 217
• Lender: 1823 Partners
• Landlord: JP Perez & Zach Rosen - Related Group & Ralph Winter - W5 Group
• Brokers: Mitch Sinberg, Michael Basinski, Matt Robbins, Brad Williamson, Matt Jackson & Scott Wadler - Berkadia

This transaction involved key individuals and companies, including the lenders from 1823 Partners and the landlords JP Perez and Zach Rosen associated with Related Group, along with Ralph Winter from W5 Group. The brokerage representation included a team from Berkadia comprised of Mitch Sinberg, Michael Basinski, Matt Robbins, Brad Williamson, Matt Jackson, and Scott Wadler.