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Ambrus Asset Management Secures $36.56 Million Supplemental Loan Via Berkadia In Tampa Multifamily Deal

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FINANCED
$35,100,000

Florida

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MultiFamily776 SF
Financed 03/28/2025
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FINANCED

Ambrus Asset Management Secures $36.56 Million Supplemental Loan Via Berkadia In Tampa Multifamily Deal

2002 Colonial Parc Dr & 14401 North 22nd Street

See Similar Deals
MultiFamily776 SF
Financed 03/28/2025
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$45,232
Total Square Footage:776 SF
Transaction Type:Loan

The transaction involves multifamily assets located at 2002 Colonial Parc Dr and 14401 North 22nd Street in Tampa. The properties comprise a total of 388 units and an equal square footage of 388. A supplemental loan of $36,558,000 was secured through berkadia'>berkadia'>berkadia'>Berkadia via Freddie Mac, with varying amounts allocated for each property—$27,125,000 for Uptown and $9,433,000 for Montierra. The loan terms include a fixed rate over a period of 97 months.

Summary of transation details:

The key individuals involved in this transaction include brokers Mitch Sinberg, Scott Wadler, and Wesley Moczul, who represent the lender berkadia'>berkadia'>berkadia'>Berkadia in this deal. They played a significant role in facilitating the supplemental loan through Freddie Mac, enabling Ambrus Asset Management to secure funding for these multifamily properties.

Players

Mitch Sinberg
131 deals$8.3B volume(561) 609-4006
BROKER

Scott Wadler
Berkadia
160 deals$9.8B volume
BROKER

Wesley Moczul
Berkadia
20 deals$905.2M volume
BROKER

Freddie Mac
LENDER

Details

FINANCED
IMAGE: Mitch Sinberg, Scott Wadler & Wesley Moczul DATE: 04/21/2025 ADDRESS: 2002 Colonial Parc Dr & 14401 North 22nd Street MARKET: Tampa ASSET TYPE: Multifamily ~ UNITS: 388 ~ SF: 388 LENDER: Berkadia via Freddie Mac (@FreddieMacCorp) LANDLORD: Ambrus Asset Management BROKERS: Mitch Sinberg (@MitchSinberg), Scott Wadler (@SWadler1) & Wesley Moczul (@WMoczul) - Berkadia (@Berkadia) LOAN AMOUNT: $36,558,000 LOAN TYPE: Supplemental loan LOAN TERMS: Fixed rate, 97 months; $27,125,000 for Uptown & $9,433,000 for Montierra

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$35,100,000.00

Monthly NOI$234,000.00
Monthly Debt Service$221,855.88
Change in Cash Flow$0.00
Refinance Proceeds$0.00