Trinsic Residential Refinances Boca Raton Multifamily Property With $92M Loan From MetLife Investment Management - Cushman & Wakefield Brokers

The multifamily property located at 789 W. Yamato Road in Boca Raton has recently undergone a loan refinancing transaction. The property consists of 322 units, making it an attractive investment in the market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $92,000,000
• Address: 789 W. Yamato Road
• Market: Boca Raton
• Lender: MetLife Investment Management
• Landlord: Trinsic Residential
• Brokers: Steven Kohn, Alex Hernandez, Alex Lapidus, and Chris Meloni - Cushman & Wakefield
• Loan Type: Refinancing Loan
• Loan Terms: Fixed-rate loan

The loan was facilitated by MetLife Investment Management, providing a fixed-rate loan amount of $92,000,000. The refinancing loan allows the landlord, Trinsic Residential, to optimize their financial strategy for the multifamily property located at 789 W. Yamato Road in Boca Raton. The transaction was brokered by Steven Kohn, Alex Hernandez, Alex Lapidus, and Chris Meloni of Cushman & Wakefield.