Andy Allen Lands $75 Million Refinance Loan For 340-Unit Multifamily In Jacksonville
FINANCED
$75,000,000
Florida
See Similar DealsMultiFamily
Financed 03/01/2026
FINANCED
Andy Allen Lands $75 Million Refinance Loan For 340-Unit Multifamily In Jacksonville
1030 Broadcast Place
See Similar DealsMultiFamily
Financed 03/01/2026
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$75,000,000.00
Monthly NOI$500,000.00
Monthly Debt Service$474,051.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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