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311 Northwest 42nd Court
SOLD

Category Five Real Estate Acquires Multifamily Property In Deerfield Beach For $24.6M

311 Northwest 42nd Court

MultiFamily
clock iconSold 146 days ago
Yoav Yuhtman
Jose Mota
Roberto Pesant
+ 7
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Summary

Sale
FLORIDA
MultiFamily

The multifamily property located at 311 Northwest 42nd Court in Deerfield Beach has been sold for a total price of $24,600,000. The transaction, which took place on December 27, 2023, involved a total of 156 units, resulting in a per unit price of $157,692.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $24,600,000
  • Address: 311 Northwest 42nd Court
  • Market: Deerfield Beach
  • Buyer: Category Five Real Estate - Leon Peisach & Mike Peisach
  • Seller: Prashkovsky USA – Adi KAradi
  • Brokers: Yoav Yuhtman, Jose Mota, Roberto Pesant, Jaret Turkell, Omar Morales, Mitch Sinberg, Brad Williamson, Matt Robbins & Scott Wadler - Berkadia
  • Loan Amount: $14,760,000
  • Loan Terms: Acquisition financing loan. The seven-year, fixed-rate, non-recourse loan includes four years interest only and a step-down pre-payment structure.

The deal was facilitated by a team of brokers from Berkadia, including Yoav Yuhtman, Jose Mota, Roberto Pesant, Jaret Turkell, Omar Morales, Mitch Sinberg, Brad Williamson, Matt Robbins, and Scott Wadler.

Players

  • All

    10

  • Agents

    9

  • Agencies

    1

Yoav Yuhtman's profile picture
Yoav Yuhtman
Berkadia-image
Director
$63.9M Sold
Omar Morales's profile picture
Scott Wadler's profile picture

Details

Deal Summary
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SOLD
IMAGE: Mitch Sinberg, Jose Mota, Yoav Yuhtman, Brad Williamson, Scott Wadler & Matt Robbins DATE: 12/27/2023 ADDRESS: 311 Northwest 42nd Court MARKET: Deerfield Beach ASSET TYPE: Multifamily BUYER: Category Five Real Estate - Leon Peisach & Mike Peisach SELLER: Prashkovsky USA – Adi KAradi BROKERS: Yoav Yuhtman (@Yoav_YY), Jose Mota (@JoserMota), Roberto Pesant, Jaret Turkell (@Deal_Crush), Omar Morales (@OmarMora1es), Mitch Sinberg (@TheJewishIceberg), Brad Williamson, Matt Robbins & Scott Wadler - Berkadia (@Berkadia) SALE PRICE: $24,600,000 UNITS: 156 ~ PPU: $157,692 LOAN AMOUNT: $14,760,000 LOAN TERMS: Acquisition financing loan. The seven-year, fixed-rate, non-recourse loan includes four years interest only and a step-down pre-payment structure.

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Address311 Northwest 42nd Court

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