Vertex Capital Group Secures $2.6M Bridge Loan For Multifamily Property In Okeechobee

Located at 5430 HWY 441 SE in Okeechobee, this multifamily property encompasses a total of 36 units and spans across 91,186 square feet. The property was successfully transacted on October 17, 2022.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $2,625,000
• Loan Type: Bridge
• Loan Terms: 2 Year Bridge Loan
• Lender: Goldsmith Equity Group - Gus Goldsmith
• Landlord: Vertex Capital Group
• Broker: Yuval Elkeslasi - Goldsmith Equity

The lender in this transaction was Goldsmith Equity Group, represented by Gus Goldsmith. The landlord involved was Vertex Capital Group. Representing the buyer in this deal was Yuval Elkeslasi from Goldsmith Equity. The loan amounted to $2,625,000 and was classified as a bridge loan with a term of 2 years.

Note from Yuval Elkeslasi: The borrower had a tight deadline to close the deal, and our team at Hard Money Lenders worked tirelessly to ensure it was completed on time. Hard Money Lenders IO is a boutique private money lender based in Aventura, Florida.