Related Group Secures $80.8M Construction Loan For Hollywood Multifamily Project

SEC Stirling Road & Compass Way

MultiFamily

Financed 1 year ago

Summary

Loan

FLORIDA

MultiFamily

The multifamily property located at SEC Stirling Road & Compass Way in Hollywood, FL has recently undergone a loan transaction. The property spans across 26.7 acres and consists of 420 units.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $80,800,000
Loan Type: Construction Loan

Regions Bank provided a construction loan in the amount of $80,800,000 for the property. The loan was secured by the landlord, Related Group, represented by Jorge Perez and Jon Paul Perez.

Details

Deal Summary

FINANCED

IMAGE: Jon Paul Perez & Jorge Perez DATE: 10/21/2022 ADDRESS: SEC Stirling Road & Compass Way MARKET: Hollywood, FL ASSET TYPE: Multifamily ~ UNITS: 420 ~ ACRES: 26.7 LENDER: Regions Bank (@RegionsBank) LANDLORD: Related Group (@Related_Group) - Jorge Perez & Jon Paul Perez LOAN AMOUNT: $80,800,000 LOAN TYPE: Construction Loan

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AddressSEC Stirling Road & Compass Way

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