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JKM Developers & Lotis Acquires Multifamily In Tamarac With $45M Loan From Limekiln Real Estate

9141 West Commercial Boulevard
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This MultiFamily property located in FL received a loan of $45,000,000 almost 3 years ago. The brokers of the deal were Sean Harrington and Joel Zusman

A multifamily property located at 9141 West Commercial Boulevard in Tamarac has been involved in a closed transaction. The property, owned by JKM Developers and Lotis, consists of 211 units on a 6.94-acre lot. The transaction was facilitated by Aztec Group, with Sean Harrington and Joel Zusman representing the buyers.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $45,000,000
  • Market: Tamarac
  • Lender: Limekiln Real Estate
  • Loan Terms: Full term interest only
  • Units: 211
  • Acres: 6.94

The deal was financed by Limekiln Real Estate, providing a loan of $45,000,000. The loan terms include full-term interest only. Joel Zusman and Sean Harrington, representing Aztec Group, played a crucial role in brokering the transaction between JKM Developers, Lotis, and the lender.

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Deals
  • Location
    9141 West Commercial Boulevard, Tamarac, FL, USA9141 West Commercial Boulevard, Tamarac, FL, USA
  • Loan Value
    $45,000,000$45,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Sean Harrington

Sean Harrington

Deals5
Financed$346M

Joel Zusman

Joel Zusman

Deals8
Financed$353.7M

Agency

Aztec Group

Aztec Group

Agency
Deals36
Volume$1.9B

Limekiln Real Estate

Limekiln Real Estate

Lender
Deals5
Volume$ 14.2B

Social

Deal Summary

LOAN IMAGE: Joel Zusman & Sean Harrington DATE: 06/08/2021 ADDRESS: 9141 West Commercial Boulevard MARKET: Tamarac ASSET TYPE: Multifamily LENDER: Limekiln Real Estate LANDLORD: JKM Developers & Lotis BROKERS: Aztec Group - Sean Harrington & Joel Zusman LOAN AMOUNT: $45,000,000 LOAN TERMS: Full term interest only UNITS: 211 ACRES: 6.94

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9141 West Commercial Boulevard

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