Wells Fargo Provides $55.7M Loan For Multifamily Property In Oakland Park

A multifamily property located at 670 East Oakland Park in Oakland Park has been involved in a recent transaction. The property, spanning 12.1 acres, consists of 300 units. The transaction took place on March 3, 2021, with a loan amount of $55,700,000 provided by Charles W. Scharf of Wells Fargo.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $55,700,000
• Address: 670 East Oakland Park
• Market: Oakland Park
• Lender: Charles W. Scharf - Wells Fargo
• Units: 300
• Acres: 12.1

Charles W. Scharf, representing Wells Fargo, served as the lender for this transaction. The loan amount provided played a significant role in facilitating the acquisition of the multifamily property in Oakland Park.