Great America Holdings Acquires 63-Unit Multifamily Property In Naples With $11.94M Loan From Cohen & Company
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This MultiFamily property located in FL received a loan of $11,940,000 almost 2 years ago. The brokers of the deal were Christopher (Chris) Apone and Charles Foschini
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- Location5570 16th Place Southwest, Naples, Florida 34116, United States
- Loan Value$11,940,000
- Asset TypeMultiFamily
- Parties2 Brokers, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Charles Foschini & Chris Apone
DATE: 05/26/2022
ADDRESS: 5570 16th Place
MARKET: Naples
ASSET TYPE: Multifamily ~ UNITS: 63
LENDER: Cohen & Company
LANDLORD: Great America Holdings
BROKERS: Charles Foschini (@Gladesman1) & Chris Apone - Berkadia (@Berkadia)
LOAN AMOUNT: $11,940,000
LOAN TYPE: Acquisition Loan
LOAN TERMS: three-year, floating-rate loan with full-term interest only and two 12-month extensions
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5570 16th Place
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