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5101 Bruce B. Downs Boulevard

Updated Aug 31, 2026

Camilo Miguel Jr. And Jordan Kornberg Secure $44 Million Refinance Loan For Wesley Chapel Multifamily Asset
FINANCEDMultiFamily

Camilo Miguel Jr. And Jordan Kornberg Secure $44 Million Refinance Loan For Wesley Chapel Multifamily Asset

5101 Bruce B. Downs Boulevard

$44,000,000

Units

248

Asset Type

MultiFamily

Closing

Aug 26, 2026

About this deal

AI

The asset involved in this transaction is a multifamily property located at 5101 Bruce B. Downs Boulevard in Wesley Chapel, featuring 248 units. The loan amount for this refinance transaction is $44,000,000, with a loan type classified as a floating-rate loan structured over a 3-year term.

Summary of transaction details:

Key individuals involved in this transaction include Camilo Miguel Jr. and Jordan Kornberg, representing Mast Capital and Rockpoint, as the borrowers. The transaction was facilitated with the assistance of a team of representatives from Berkadia, consisting of Mitch Sinberg, Scott Wadler, Matt Robbins, Brad Williamson, and Bryan Brown, overseeing the landlord's interests throughout the refinancing process.

Players

Brad Williamson

Berkadia

Broker

$7.4B

vol

118 deals

Broker

Camilo Miguel Jr.

Rockpoint Group, Related Cos.

Buyer

$253.5M

vol

8 deals

Buyer
Walton Street Capital
Walton Street CapitalLender

Wesley Chapel MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $177.4K per unit across 248 units on a published $44M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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