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701 Southwest Pine Island Road
FINANCED

Young Development Refinances Multifamily Property In Cape Coral With $41.6M Loan From Greystone

701 Southwest Pine Island Road

MultiFamily
clock iconFinanced 128 days ago
Kevin Coscia
Kyle Jemtrud
Wilson Molitor
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Summary

Loan
FLORIDA
MultiFamily

The multifamily property located at 701 Southwest Pine Island Road in Cape Coral has recently undergone a refinancing transaction. The property consists of 280 units and is owned by Young Development.

Summary of transaction details

The loan for the refinancing was provided by Greystone. The terms of the loan are a 10-year Fannie Mae loan with 5 years of interest-only payments.

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Kevin Coscia
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Managing Director

Details

Deal Summary
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FINANCED
IMAGE: Kevin Coscia, Kyle Jemtrud & Wilson Molitor DATE: 02/08/2024 ADDRESS: 701 Southwest Pine Island Road MARKET: Cape Coral ASSET TYPE: Multifamily ~ UNITS: 280 LENDER: Greystone (@Greystonecref) LANDLORD: Young Development BROKERS: Kyle Jemtrud & Wilson Molitor - Greystone; Kevin Coscia - Largo Capital LOAN AMOUNT: $41,664,000 LOAN TYPE: Refinance LOAN TERMS: 10 year Fannie Mae, 5 years I/o

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Address701 Southwest Pine Island Road

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