H.I.G. Realty Partners Provides $103M Loan For Multifamily Property In Tampa | 4950 West Prescott Street | H.I.G. Capital | Scott Miller, Peter Martz, Morris Betesh, Justin Boruchov, Alex Bailkin | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

1,469 sqft

The multifamily property located at 4950 W Prescott St in Tampa has been involved in a closed transaction. The asset consists of 444 units and was part of a deal with a loan amount of $103,000,000. The transaction took place on 06/28/2021.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $103,000,000
Address: 4950 W Prescott St
Market: Tampa
Units: 444

The lender for this transaction was H.I.G. Realty Partners. The landlord involved in the deal is Index Investment Group, specifically Bjarne Borg. The brokers who facilitated the transaction were Morris Betesh, Alex Bailkin, Justin Boruchov, Peter Martz, and Scott Miller from the Meridian Capital Group.

Players

All
7

Agents
5
Agencies
1
Lenders
1

Scott Miller

Vice President

$3.6M Sold

Peter Martz

Senior Vice President

Morris Betesh

Senior Managing Director

$754.4M Sold

$668.9M Sold

Meridian Capital Group

H.I.G. Capital

Details

Deal Summary

FINANCED

IMAGE: Morris Betesh, Scott Miller, Bjarne Borg, Justin Boruchov, Alex Bailkin & Peter Martz DATE: 06/28/2021 ADDRESS: 4950 W Prescott St MARKET: Tampa ASSET TYPE: Multifamily LENDER: H.I.G. Realty Partners LANDLORD: Index Investment Group - Bjarne Borg BROKERS: Morris Betesh, Alex Bailkin, Justin Boruchov, Peter Martz & Scott Miller - Meridian Capital Group LOAN AMOUNT: $103,000,000 UNITS: 444

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Address4950 West Prescott Street

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