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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.

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$44,000,000

MultiFamily

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Players

Brad Williamson

Berkadia

Broker

$7.9B

vol

124 deals

Broker

Camilo Miguel Jr.

Rockpoint Group, Related Cos.

Buyer

$253.5M

vol

8 deals

Buyer
Walton Street Capital
Walton Street CapitalLender
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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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