Spencer Soltan And Ricardo Gennari Of Leste Group Provide $41.51M Bridge Loan For Multifamily In Cape Coral

The asset involved in this transaction is a multifamily property located in Cape Coral. The loan amount secured for this transaction is $41,508,500, with a bridge loan type provided by the lenders.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $41,508,500
• Lender: Spencer Soltan & Ricardo Gennari - Leste Group
• Broker: Harrison Drucker - Arbor Realty Trust
• Loan Type: Bridge
• Market: Cape Coral

The transaction features the involvement of Spencer Soltan and Ricardo Gennari from Leste Group as lenders, while Harrison Drucker from Arbor Realty Trust acted as the broker facilitating the deal.