CREO Provides $31.65M Bridge Loan For Multifamily Property In Port Richey

8540 Roblina Road

MultiFamily

271,175 SF

Financed 1 year ago

Summary

Loan

FLORIDA

MultiFamily

271,175 sqft

A multifamily property located at 8540 Roblina Road in Port Richey has been involved in a recent closed transaction. The property spans approximately 271,175 square feet and consists of 345 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $31,650,000
Address: 8540 Roblina Road
Market: Port Richey
Loan Amount: $31,650,000
Loan Type: Bridge
Loan Term: 3.50% over libor, 3 year io term

The loan for this transaction was provided by CREO. Jonathan Singer from Strategic Funding acted as the broker in this deal.

Players

All
1

Agents
1

Jonathan Singer

Debt Placement Broker

Details

Deal Summary

FINANCED

IMAGE: Jonathan Singer DATE: 11/16/2021 ADDRESS: 8540 Roblina Road MARKET: Port Richey ASSET TYPE: Multifamily ~ SF: 271,175 ~ UNITS: 345 LENDER: CREO BROKER: Jonathan Singer - Strategic Funding LOAN AMOUNT: $31,650,000 LOAN TYPE: Bridge LOAN TERM: 3.50% over libor, 3 year io term

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Address8540 Roblina Road

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