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Vantage Point Acquisitions Secures $24.4 Million Refinance Loan From Freddie Mac For 220-Unit Multifamily

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FINANCED
$24,400,000
Brad Williamson
Mitch Sinberg
+ 2

Georgia

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MultiFamily1 SF
Financed 07/25/2024
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FINANCED

Vantage Point Acquisitions Secures $24.4 Million Refinance Loan From Freddie Mac For 220-Unit Multifamily

101 St George Boulevard

See Similar Deals
MultiFamily1 SF
Financed 07/25/2024
Brad Williamson
Mitch Sinberg
+ 2
Contact now

Summary

GEORGIA
Asset Type:MultiFamily
Price Per Square Foot:$24,400,000
Total Square Footage:1 SF
Transaction Type:Loan

The property is a multifamily asset located at 101 St George Boulevard in Savannah, GA, featuring a total of 220 units. The loan for this property was issued for $24,400,000, under a refinance loan type.

Summary of transaction details:

The brokers representing the deal include Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins, and Hugo Hernandez, all associated with Berkadia, facilitating the refinance with Freddie Mac for the landlord, Vantage Point Acquisitions.

Players

Brad Williamson
110 deals$6.9B volume(786) 646-2580
BROKER

Mitch Sinberg
Berkadia
135 deals$8.4B volume(561) 609-4006
BROKER

Matthew (Matt) Robbins
Berkadia
116 deals$6.9B volume
BROKER

Scott Wadler
Berkadia
166 deals$10.2B volume
BROKER

Hugo Hernandez
Berkadia
9 deals$617.9M volume
BROKER

Freddie Mac
LENDER

Details

FINANCED
IMAGE: Mitch Sinberg, Brad Williamson, Matt Robbins, Hugo Hernandez & Scott Wadler DATE: 07/25/2024 ADDRESS: 101 St George Boulevard MARKET: Savannah, GA ASSET TYPE: Multifamily ~ UNITS: 220 LENDER: Freddie Mac (@FreddieMacCorp) LANDLORD: Vantage Point Acquisitions BROKERS: Mitch Sinberg (@TheJewishIceberg), Scott Wadler (@SWadler1), Brad Williamson, Matt Robbins & Hugo Hernandez - Berkadia (@Berkadia) LOAN AMOUNT: $24,400,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$24,400,000.00

Monthly NOI$162,666.67
Monthly Debt Service$154,224.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00