Updated Dec 24, 2025
Rosental Family Secures $5.5 Million Refinance Loan For Multifamily Asset In Fort Lauderdale
Se 12 Ct
$5,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 25, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 820 SE 12th Court in Fort Lauderdale. The total loan amount for the refinance is $5,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,500,000
- Lender: Britney Shenkman & Edwin Gelman - Hirshmark Capital
- Landlord: Rosental Family
- Loan Type: Refinance
- Date: 11/26/2025
This transaction features notable key individuals including Britney Shenkman and Edwin Gelman, who represent Hirshmark Capital as lenders, facilitating the refinance for the landlord, the Rosental Family.
On the Map
$5,500,000
MultiFamily
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Players
Pompano Beach MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93