Grupo Trusot Secures $44 Million Bridge Loan For Multifamily Asset In Wildwood
FINANCED
Florida
See Similar DealsMultiFamily
Financed 12/30/2025
FINANCED
Grupo Trusot Secures $44 Million Bridge Loan For Multifamily Asset In Wildwood
4734 Silver Star Drive
See Similar DealsMultiFamily
Financed 12/30/2025
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located at 4734 Silver Star Drive in the Wildwood market. The transaction features a loan amount of $44,000,000 which is categorized as a bridge loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $44,000,000
- Address: 4734 Silver Star Drive
- Market: Wildwood
- Landlord: Grupo Trusot
- Loan Type: Bridge
The transaction involved the representation of multiple brokers from JLL, including Max La Cava, Melissa Marcolini Quinn, Pier Barinci, Rob Rothaug, and Jade Starkey, who played a role in facilitating the loan agreement for the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$44,000,000.00
Monthly NOI$293,333.33
Monthly Debt Service$278,109.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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