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RAM Acquires Multifamily Asset In Boca Raton For $6.8M

329 West Camino Real, 14th & 15th Street
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This MultiFamily property located in FL received a loan of $6,800,000 almost 4 years ago. The brokers of the deal were Matthew (Matt) Robbins and Mitch Sinberg

The property involved in the transaction is a multifamily asset located at 329 West Camino Real, 14th & 15th Street in Boca Raton. The property is owned by Rental Asset Management (RAM) and was recently involved in a closed transaction.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Date: 06/08/2020
  • Address: 329 West Camino Real, 14th & 15th Street, Boca Raton
  • Market: Boca Raton
  • Loan Amount: $6,800,000
  • Loan Terms: 3-year, fixed-rate
  • Units: 52
  • Landlord: Rental Asset Management (RAM)
  • Brokers: Mitch Sinberg & Matthew Robbins - Berkadia

The loan amount for this transaction was $6,800,000, with a loan term of 3 years and a fixed interest rate. The property consists of 52 units and is located at 329 West Camino Real, 14th & 15th Street, in the market of Boca Raton. The landlord of the property is Rental Asset Management (RAM), and the brokers involved in the deal were Mitch Sinberg and Matthew Robbins from Berkadia.

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Deals
  • Location
    329 West Camino Real, Boca Raton, FL, USA329 West Camino Real, Boca Raton, FL, USA
  • Loan Value
    $6,800,000$6,800,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Matthew (Matt) Robbins

Matthew (Matt) Robbins

Deals42
Financed$1.8B

Mitch Sinberg

Mitch Sinberg

Deals54
Financed$2.2B

Agency

Berkadia

Berkadia

Agency
Deals1087
Volume$45.7B

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Deal Summary

LOAN IMAGE: Mitch Sinberg & Matthew Robbins DATE: 06/08/2020 ADDRESS: 329 West Camino Real, 14th & 15th Street MARKET: Boca Raton ASSET TYPE: Multifamily LANDLORD: Rental Asset Management (RAM) BROKERS: Mitch Sinberg & Matthew Robbins - Berkadia LOAN AMOUNT: $6,800,000 LOAN TERMS: 3-year, fixed-rate UNITS: 52

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329 West Camino Real, 14th & 15th Street

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