Pedro Quijada & Diego Quijada Secure $14.25M Bridge Loan For BTR Community In Fort Pierce

The asset involved in this transaction is a Built-to-Rent (BTR) community located at 4003 Oleander Boulevard in Fort Pierce. This property encompasses a total square footage of 86,110 and is situated within a market known for its rental community dynamics. A loan of $14,250,000 has been secured for the acquisition of this asset, which falls under the bridge loan category.

Summary of transaction details:

• Property Type: BTR Community
• Transaction Amount: $14,250,000
• Address: 4003 Oleander Boulevard
• Market: Fort Pierce
• Asset Size: 86,110 SF
• Landlord: Pedro Quijada & Diego Quijada
• Brokers: Max La Cava, Pier Barinci, Abbie Kushner & Jade Starkey - JLL
• Loan Type: Bridge

The transaction involved key participants, including landlords Pedro Quijada and Diego Quijada, who are instrumental in the property's management. JLL facilitated the deal with brokers Max La Cava, Pier Barinci, Abbie Kushner, and Jade Starkey, who collectively represented the interests of the landlords throughout the transaction process.