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12500 Southwest Roma Way

Les Menkes, Michael Van Der Poel & Dan Jacobs Of ACRE Secure $38.5M Refinance Loan For BFR In Port St. Lucie
FINANCEDMultiFamily

Les Menkes, Michael Van Der Poel & Dan Jacobs Of ACRE Secure $38.5M Refinance Loan For BFR In Port St. Lucie

12500 Southwest Roma Way

$38,500,000

Building Size

Asset Type

MultiFamily

Closing

Nov 11, 2025

AI

The Havens at Central Park is an asset located at 12500 Southwest Roma Way in Port St. Lucie, featuring 158 build-for-rent units. The property was involved in a refinance loan transaction amounting to $38,500,000.

Summary of transaction details:

The deal involved several key individuals representing the landlord and lender. Les Menkes, Michael Van Der Poel, and Dan Jacobs represented Asia Commercial Real Estate (ACRE) as landlords. The transaction was facilitated by a group of brokers from Walker & Dunlop, including Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Ianno, and Christopher de Raet.

Players

Aaron Appel

Walker & Dunlop

Broker

$32.5B

vol

195 deals

Broker
Walker & Dunlop
Walker & DunlopBrokerage
ACRES Capital
ACRES CapitalLender
Bank OZK
Bank OZKLender
Michael Van Der Poel

Michael Van Der Poel

Landlord

$357M

vol

5 deals

Landlord

Port Saint Lucie 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

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93