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GMF Capital Acquires Multifamily Property In Lithia, FL For $53M Loan

13930 Spector Road
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This MultiFamily property located in FL received a loan of $53,000,000 over 2 years ago. The brokers of the deal were Kenny Cutler, Elliott Throne, Jesse Wright, and Brian Gaswirth

A multifamily property located at 13930 Spector Road in Lithia, FL has been involved in a recent transaction. The property spans approximately 272,000 square feet and consists of 260 units.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $53,000,000
  • Market: Lithia, FL
  • Address: 13930 Spector Road
  • Units: 260

The loan for this transaction was provided by Sound Point Capital, represented by Jordan Heller. The landlord, GMF Capital, was represented by Jared Frydman and Alejandro Ramirez. The deal was facilitated by brokers Elliot Throne, Jesse Wright, Brian Gaswirth, and Kenny Cutler from JLL.

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Deals
  • Location
    13930 Spector Road, Lithia, FL, USA13930 Spector Road, Lithia, FL, USA
  • Loan Value
    $53,000,000$53,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Kenny Cutler

Kenny Cutler

Deals18
Financed$821.1M

Jesse Wright

Jesse Wright

Deals14
Financed$867.1M

Elliott Throne

Elliott Throne

Deals16
Financed$661M

Brian Gaswirth

Brian Gaswirth

Deals21
Financed$1.6B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

Sound Point Capital

Sound Point Capital

Lender
Deals7
Volume$ 20.1B

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Deal Summary

LOAN IMAGE: Elliott Throne, Jesse Wright, Jared Frydman, Brian Gaswirth, Kenny Cutler, Jordan Heller & Alejandro Ramirez DATE: 10/07/2021 ADDRESS: 13930 Spector Road MARKET: Lithia, FL ASSET TYPE: Multifamily ~ SF: 272,000 ~ UNITS: 260 LENDER: Sound Point Capital - Jordan Heller LANDLORD: GMF Capital - Jared Frydman & Alejandro Ramirez BROKER: Elliot Throne, Jesse Wright, Brian Gaswirth & Kenny Cutler - JLL LOAN AMOUNT: $53,000,000 LOAN TYPE: Acquisition

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13930 Spector Road

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