Cushman & Wakefield and Greystone Close $109.2 Million Freddie Mac Loan for a Multifamily Property in Hollywood, Florida
Cushman & Wakefield and Greystone closed a $109.2 million Freddie Mac loan refinancing the Bread Building, a 362-unit multifamily tower in downtown Hollywood, Florida. The borrowers are BTI Partners and Bridge Investment Group, with Bridge noted as an affiliate of Apollo (NYSE: APO) — the only connection to the FILER.
Key figures
- Deal Value Usd
- 109164000
- Loan terms
- cash-out refinance, full-term interest only, 35-year amortization, Freddie Mac Lease-Up Loan program
- Parking spaces
- 478
- Building stories
- 25
- Residential units
- 362
- Retail sqft approx
- 17000
AI analysis
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