JSB Capital Group Secures $219.9M Refinancing Deal For Landmark South Apartments In Doral, Florida

JSB Capital Group has secured a $219.9 million refinancing deal for The Landmark South, an apartment complex in Doral, Florida. The recapitalization includes senior debt from Freddie Mac and preferred equity from Pensam, providing JSB with reduced capital costs and an extended loan term.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $219,900,000
• Units: 631
• Address: 6055 Northwest 105th Court, Doral
• Market: Doral

In this transaction, the landlord of The Landmark South is Jo Rousseau from JSB Capital. The brokers involved in the deal are Simon Banke, Jesse Wright, and Brian Gaswirth from JLL. The loan, a refinancing deal, was provided by Freddie Mac, and Pensam contributed preferred equity. Brian Gaswirth, Simon Banke, and Jesse Wright represented JSB Capital as its brokers in this deal.