Updated Mar 30, 2026
Andy Allen Lands $75 Million Refinance Loan For 340-Unit Multifamily In Jacksonville
1030 Broadcast Place
$75,000,000
Units
340
Asset Type
MultiFamily
Closing
Mar 1, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 1030 Broadcast Place in Jacksonville, FL, comprising a total of 340 units. The property is associated with a refinance loan of $75,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $75,000,000
- Lender: Thomas Capase
- Landlord: Andy Allen
- Landlord's Representative: Jordan Roeschlaub, Max Ralby & Capri Van Gilder - Newmark
- Loan Type: Refinance
Key individuals involved in this transaction include Thomas Capase as the lender and Andy Allen acting as the landlord. The landlord's representation is handled by Jordan Roeschlaub, Max Ralby, and Capri Van Gilder from Newmark, specializing in real estate transactions.
On the Map
$75,000,000
MultiFamily
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Players
Jacksonville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93