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Bridge Investment Group Provides $28.68 Million Loan For Edenfield Shores Multifamily Acquisition In Jacksonville

Property Image
FINANCED
$28,680,000
Dylan Kane
Zach Redding
Jared King

Florida

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MultiFamily343,157 SF
Financed 10/03/2025
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FINANCED

Bridge Investment Group Provides $28.68 Million Loan For Edenfield Shores Multifamily Acquisition In Jacksonville

5885 Edenfield Road

See Similar Deals
MultiFamily343,157 SF
Financed 10/03/2025
Dylan Kane
Zach Redding
Jared King
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$83
Total Square Footage:343,157 SF
Transaction Type:Loan

The property asset involved in this transaction is multifamily housing located at 5885 Edenfield Road in Jacksonville, FL. The property consists of 332 units and has a total square footage of 343,157. The loan amount secured for this acquisition is $28,680,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $28,680,000
  • Address: 5885 Edenfield Road
  • Market: Jacksonville, FL
  • Units: 332
  • Square Footage: 343,157
  • Lender: Bridge Investment Group
  • Broker Representatives: Dylan Kane, Zach Redding & Jared King - Colliers

The individuals involved in this deal include Dylan Kane, Zach Redding, and Jared King, who represent Colliers. They played a crucial role in facilitating this acquisition with the lender, Bridge Investment Group.

Players

Dylan Kane
Colliers
Dylan Kane
58 deals$2.9B volume(516) 965-7860
BROKER
Zach Redding
Colliers
Zach Redding
54 deals$1.8B volume(570) 574-9015
BROKER
Jared King
Colliers
Jared King
4 deals$108.1M volume(212) 492-3369
BROKER
Colliers
Colliers
BROKERAGE

Details

FINANCED
IMAGE: Zach Redding, Dylan Kane & Jared King DATE: 10/03/2025 ADDRESS: Edenfield Shores - 5885 Edenfield Road MARKET: Jacksonville, FL ASSET TYPE: Multifamily ~ UNITS: 332 ~ SF: 343,157 LENDER: Bridge Investment Group (@Bridge.CRE) BROKERS: Dylan Kane (@DylanKane1), Zach Redding (@ZRedds) & Jared King - (@Kane.Redding) - Colliers (@ColliersInternational) LOAN AMOUNT: $28,680,000 LOAN TYPE: Acquisition @TradedNY

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$28,680,000.00

Monthly NOI$191,200.00
Monthly Debt Service$181,277.11
Change in Cash Flow$0.00
Refinance Proceeds$0.00