PGIM Real Estate Provides $91M Acquisition Loan For Multifamily Assets In Tampa And Clearwater | 15350 Amberly Drive & 2690 Enterprise Road East | Justin Ownby, Wesley Moczul, Mitch Sinberg, Brad Williamson | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

1,671 sqft

29th Street Capital has acquired a multifamily property consisting of 503 units located at 15350 Amberly Drive in Tampa and 2690 Enterprise Rd East in Clearwater. The acquisition was made with the help of a $91,000,000 loan provided by PGIM Real Estate.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $91,000,000
Units: 503
Address: 15350 Amberly Drive (Tampa) & 2690 Enterprise Rd East (Clearwater)
Market: Tampa & Clearwater

The deal was facilitated by Mitch Sinberg, Brad Williamson, Justin Ownby, and Wesley Moczul from Berkadia, who represented the buyer in the transaction.

Players

All
5

Agents
4
Agencies
1

$30.6M Sold

Senior Managing Director

$421.6M Sold

Brad Williamson

Managing Director

$46.6M Sold

Berkadia

Details

Deal Summary

FINANCED

IMAGE: Wesley Moczul, Mitch Sinberg, Brad Williamson & Justin Ownby DATE: 09/15/2021 ADDRESS: 15350 Amberly Drive & 2690 Enterprise Rd East MARKET: Tampa & Clearwater ASSET TYPE: Multifamily ~ UNITS: 503 LENDER: PGIM Real Estate LANDLORD: 29th Street Capital BROKERS: Mitch Sinberg, Brad Williamson, Justin Ownby & Wesley Moczul - Berkadia LOAN AMOUNT: $91,000,000 LOAN TYPE: Acquisition

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Address15350 Amberly Drive & 2690 Enterprise Road East

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