FINANCED
Midtown Capital Partners Acquires Multifamily Property In Flagler Village, Fort Lauderdale For $64.5M
600 Northeast 3rd Avenue
MultiFamily
190,000 SF
190,000 SF
Financed 1 year ago
Summary
Loan
FLORIDA
MultiFamily
190,000 sqft
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
- Property Type: Multifamily
- Transaction Amount: $64,500,000
- Lender: Forum Real Estate Group and OZK
- Landlord: Midtown Capital Partners - Zach Fox, Alejandro Velez, and Alex Saieh; Prospect Real Estate Group - Richard Zahn and Navish Chawla
- Brokers: Dustin Stolly, Jordan Roeschlaub, Danny Matz, Nick Scribani, Daniel Fromm, and Dan Morin - Newmark
The loan for this transaction was in the amount of $64,500,000 and falls under the category of construction loans.
Players
All
8
Agents
6
Agencies
1
Lenders
1
Details
FINANCED
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: ConstructionView on map
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Address600 Northeast 3rd Avenue
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