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GMF Capital Acquires Multifamily Property In Naples With $20.6M Loan

2580 Wild Pines Lane
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This MultiFamily property located in FL received a loan of $20,620,000 over 3 years ago. The brokers of the deal were Matthew (Matt) Robbins and Mitch Sinberg

The multifamily property located at 2580 Wild Pines Lane in Naples has been involved in a recent transaction. The loan for this property was provided by berkadia''>berkadia'>Berkadia and Freddie Mac. The loan amount was $20,620,000, and the loan terms included a 15-year fixed-rate with 10 years of interest only. The property is owned by GMF Capital.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $20,620,000
  • Lender: Berkadia/Freddie Mac
  • Landlord: GMF Capital
  • Brokers: Mitch Sinberg & Matt Robbins - Berkadia

Mitch Sinberg and Matt Robbins from Berkadia represented the parties involved in this transaction. They acted as the brokers for this deal, facilitating the loan between Berkadia and Freddie Mac and representing the interests of the landlord, GMF Capital.

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Deals
  • Location
    2580 Wild Pines Lane, Naples, FL, USA2580 Wild Pines Lane, Naples, FL, USA
  • Loan Value
    $20,620,000$20,620,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Matthew (Matt) Robbins

Matthew (Matt) Robbins

Deals44
Financed$1.8B

Mitch Sinberg

Mitch Sinberg

Deals56
Financed$2.2B

Agency

Berkadia

Berkadia

Agency
Deals1097
Volume$45.7B

Freddie Mac

Freddie Mac

Lender
Deals88
Volume$ 468.8B

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Deal Summary

LOAN IMAGE: Mitch Sinberg & Matt Robbins DATE: 11/11/2020 ADDRESS: 2580 Wild Pines Lane MARKET: Naples ASSET TYPE: Multifamily LENDER: Berkadia/Freddie Mac LANDLORD: GMF Capital BROKERS: Mitch Sinberg & Matt Robbins - Berkadia LOAN AMOUNT: $20,620,000 LOAN TERMS: Berkadia originated, and Freddie Mac purchased, the 15-year, fixed-rate loan with 10 years interest only.

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2580 Wild Pines Lane

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