Pensam Provides $8.1M Mezzanine Loan For 171-Unit Multifamily In Opa Locka

14166 NW 17th Ave in Opa Locka, a multifamily property consisting of 171 units, was recently involved in a loan transaction. The loan, provided by Pensam and represented by Ray Cleeman, was a mezzanine loan with a total amount of $8,100,000. The transaction took place on March 28, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,100,000
• Address: 14166 NW 17th Ave
• Market: Opa Locka
• Asset Type: Multifamily
• Units: 171

The loan transaction for 14166 NW 17th Ave involved Pensam as the lender, with Ray Cleeman acting as the representative. This mezzanine loan, valued at $8,100,000, provided financing for the multifamily property in Opa Locka. The transaction took place on March 28, 2022.