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2000 Ocean Drive
FINANCED

Madison Realty Capital Provides $128M Refinance Loan For Hallandale Beach Multifamily Property

2000 Ocean Drive

clock iconFinanced 1 year ago
Daniel (Danny) Matz
Dustin Stolly
Daniel Fromm
+ 3
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Summary

Loan
FLORIDA

The property involved in this closed transaction is a multifamily asset located at 2000 Ocean Drive in Hallandale Beach. The property spans a total square footage of 357,000 and consists of 64 units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $128,000,000
  • Address: 2000 Ocean Drive, Hallandale Beach
  • Market: Hallandale Beach
  • Lender: Madison Realty Capital
  • Landlord: KAR Properties

The loan amount for this transaction was $128,000,000, and it was categorized as a refinance loan. The deal involved the following brokers: Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Daniel Fromm, and Daniel Matz from Newmark. They represented the parties involved in the transaction.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Daniel (Danny) Matz's profile picture
Daniel (Danny) Matz
Newmark-image
Senior Managing Director
$151M Sold

Details

Deal Summary
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FINANCED
IMAGE: Daniel Matz, Jordan Roeschlaub, Josh Zegen, Dustin Stolly, Daniel Fromm & Nick Scribani DATE: 12/31/2021 ADDRESS: 2000 Ocean Drive MARKET: Hallandale Beach ASSET TYPE: Multifamily ~ SF: 357,000 ~ UNITS: 64 LENDER: Madison Realty Capital LANDLORD: KAR Properties BROKERS: Dustin Stolly, Jordan Roeschlaub (@JordyRoeschlaub), Nick Scribani, Daniel Fromm (@Ddwb) & Daniel Matz - Newmark LOAN AMOUNT: $128,000,000 LOAN TYPE: Refinance Loan

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Address2000 Ocean Drive

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