Freddie Mac Provides $28.35M Acquisition Loan For 200-Unit Multifamily In Brandon | 1002 Creekbridge Road & 1212 Andrew Drive | Freddie Mac | AJ Williams, Mitch Sinberg, Brad Williamson | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

8,320 sqft

Bayshore Investment Partners has secured a $28,350,000 acquisition loan from Freddie Mac for the purchase of a multifamily property in Brandon. The property, located at 1002 Creekbridge Road and 1212 Andrew Drive, consists of 200 units. The loan terms include a seven-year full term with interest-only payments and a competitive fixed interest rate.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $28,350,000
Units: 200
Lender: Freddie Mac
Landlord: Bayshore Investment Partners
Brokers: Mitch Sinberg & Brad Williamson - Berkadia

Mitch Sinberg and Brad Williamson from Berkadia represented Bayshore Investment Partners in this deal.

Players

All
6

Agents
3
Agencies
2
Lenders
1

AJ Williams

Partner

Mitch Sinberg

Senior Managing Director

$421.6M Sold

$46.6M Sold

Details

Deal Summary

FINANCED

IMAGE: Mitch Sinberg & Brad Williamson DATE: 10/18/2021 ADDRESS: 1002 Creekbridge Road & 1212 Andrew Drive MARKET: Brandon ASSET TYPE: Multifamily ~ UNITS: 200 LENDER: Freddie Mac LANDLORD: Bayshore Investment Partners BROKERS: Mitch Sinberg & Brad Williamson - Berkadia LOAN AMOUNT: $28,350,000 LOAN TYPE: Acquisition LOAN TERMS: seven-year full term interest-only loans with a competitive fixed interest rate

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Address1002 Creekbridge Road & 1212 Andrew Drive

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