Arbor Provides $26.4M Bridge Loan For Multifamily Property In Tampa | 14350 North 22nd Street | Jonathan Singer, Cyril Bijaoui | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

150,000 sqft

The multifamily property located at 14350 N 22nd St in Tampa has recently undergone a closed transaction. The property spans approximately 150,000 square feet and comprises a total of 241 units. The transaction took place on October 6, 2021.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $26,425,000
Loan Type: Bridge
Loan Terms: 85% of PP/Cap Ex

The loan for this transaction was provided by Arbor and facilitated by Steve York. The loan amount issued was $26,425,000, and the loan type was a bridge loan with terms of 85% of the purchase price and capital expenditures.

Jonathan Singer from Strategic Funding acted as the broker representing the transaction, while Cyril Bijaoui from Westside Estate Agency Florida acted as the sale broker.

For any additional details, please refer to the provided Instagram link.

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Players

All
2

Agents
2

Jonathan Singer

Debt Placement Broker

Cyril Bijaoui

Principal | Broker

Details

Deal Summary

FINANCED

IMAGE: Jonathan Singer & Steve York DATE: 10/06/2021 ADDRESS: 14350 N 22nd St MARKET: Tampa ASSET TYPE: Multifamily ~ SF: 150,000 ~ UNITS: 241 LENDER: Arbor - Steve York BROKERS: Jonathan Singer - Strategic Funding SALE BROKER: Cyril Bijaoui - Westside Estate Agency Florida LOAN AMOUNT: $26,425,000 LOAN TYPE: Bridge LOAN TERMS: 85% of PP/Cap Ex

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Address14350 North 22nd Street

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