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Midtown Capital Partners Acquires Multifamily Property In Flagler Village, Fort Lauderdale For $64.5M

600 Northeast 3rd Avenue
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This MultiFamily property located in FL received a loan of $64,500,000 over 1 year ago. The brokers of the deal were Dustin Stolly, Daniel (Danny) Matz, Nick Scribani, Daniel Fromm, Daniel (Dan) Morin, and Jordan (Jordy) Roeschlaub

The multifamily property located at 600 NE 3rd Ave in Flagler Village, Fort Lauderdale has been involved in a recent loan transaction. The property comprises 252 units and spans approximately 190,000 square feet.

Summary of transaction details

The loan for this transaction was in the amount of $64,500,000 and falls under the category of construction loans.

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Deals
  • Location
    600 Northeast 3rd Avenue600 Northeast 3rd Avenue
  • Loan Value
    $64,500,000$64,500,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    6 Brokers, 1 Agency, 2 Lenders6 Brokers, 1 Agency, 2 Lenders

Agents

Daniel (Danny) Matz

Daniel (Danny) Matz

Deals24
Financed$2.8B

Daniel (Dan) Morin

Daniel (Dan) Morin

Deals10
Financed$922.5M

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Daniel Fromm

Daniel Fromm

Deals60
Financed$4.2B

Jordan (Jordy) Roeschlaub

Jordan (Jordy) Roeschlaub

Deals195
Financed$34.6B

Nick Scribani

Nick Scribani

Deals98
Financed$14.6B

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Forum Real Estate Group

Forum Real Estate Group

Lender
Deals1
Volume$ 210.3B

Bank OZK

Bank OZK

Lender
Deals77
Volume$ 338.9B

Social

Deal Summary

LOAN IMAGE: Zach Fox, Richard Zahn, Alejandro Velez, Navish Chawla, Alex Saieh, Danny Matz, Jordan Roeschlaub, Daniel Fromm, Dustin Stolly, Nick Scribani & Dan Morin DATE: 07/22/2022 ADDRESS: 600 NE 3rd Ave MARKET: Flagler Village, Fort Lauderdale ASSET TYPE: Multifamily ~ UNITS: 252 ~ SF: 190,000 LENDER: Forum Real Estate Group and OZK LANDLORD: Midtown Capital Partners - Zach Fox, Alejandro Velez & Alex Saieh; Prospect Real Estate Group - Richard Zahn & Navish Chawla BROKERS: Dustin Stolly, Jordan Roeschlaub, Danny Matz, Nick Scribani, Daniel Fromm, Dan Morin - Newmark LOAN AMOUNT: $64,500,000 LOAN TYPE: Construction

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600 Northeast 3rd Avenue

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