JKM Developers & Lotis Acquires Multifamily In Tamarac With $45M Loan From Limekiln Real Estate

A multifamily property located at 9141 West Commercial Boulevard in Tamarac has been involved in a closed transaction. The property, owned by JKM Developers and Lotis, consists of 211 units on a 6.94-acre lot. The transaction was facilitated by Aztec Group, with Sean Harrington and Joel Zusman representing the buyers.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $45,000,000
• Market: Tamarac
• Lender: Limekiln Real Estate
• Loan Terms: Full term interest only
• Units: 211
• Acres: 6.94

The deal was financed by Limekiln Real Estate, providing a loan of $45,000,000. The loan terms include full-term interest only. Joel Zusman and Sean Harrington, representing Aztec Group, played a crucial role in brokering the transaction between JKM Developers, Lotis, and the lender.