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1030 Broadcast Place

Andy Allen Lands $75 Million Refinance Loan For 340-Unit Multifamily In Jacksonville
FINANCEDMultiFamily

Andy Allen Lands $75 Million Refinance Loan For 340-Unit Multifamily In Jacksonville

1030 Broadcast Place

$75,000,000

Building Size

Asset Type

MultiFamily

Closing

Mar 1, 2026

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:

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.

Players

Max Ralby

Newmark

Broker

$3.8B

vol

74 deals

Broker

Thomas Capase

Lender

$75M

vol

1 deal

Lender
Andy Allen

Andy Allen

Landlord

$149.7M

vol

3 deals

Landlord

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