Bayshore Investment Partners Secures $10.59M Refinance Loan From Freddie Mac For Multifamily Asset

The property involved in this transaction is a 120-unit multifamily asset located at 958 Village Trail in Port Orange. The transaction entails a refinance through Freddie Mac, encompassing a total loan amount of $10,587,000 with a five-year, fixed-rate loan structure.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,587,000
• Lender: Freddie Mac
• Landlord: Efren Ales, Jose Tello & Jared Brunnabend - Bayshore Investment Partners
• Brokers: Brad Williamson, Scott Wadler, Mitch Sinberg, Matt Robbins & Kyle Ryan - Berkadia
• Loan Type: Refinance
• Loan Terms: Five-year, fixed rate loan

The key individuals involved in this transaction include landlords Efren Ales, Jose Tello, and Jared Brunnabend, representing Bayshore Investment Partners. The brokers facilitating the transaction are Brad Williamson, Scott Wadler, Mitch Sinberg, Matt Robbins, and Kyle Ryan, all associated with Berkadia.