Berkadia Arranges $42.5M Refinancing of Multifamily Community in Panama City Beach, Florida
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2 Articles
Berkadia Arranges $42.5M Refinancing of Multifamily Community in Panama City Beach, Florida
PANAMA CITY BEACH, FLA. — Berkadia has arranged $42.5 million in debt and equity to refinance Exchange at the Beach, a 232-unit multifamily apartment community located in the Upper Grand Lagoon neighborhood of Panama City Beach. Mitch Sinberg, Scott Wadler, Brad Williamson and Matt Robbins of Berkadia secured a $29 million, five-year, fixed-rate Freddie Mac loan on behalf of the borrower, JSB Capital. Berkadia also arranged $13.5 million in pref…
Berkadia Arranges $42.5M Debt & Equity Refinancing of Exchange at the Beach in Panama City Beach
Berkadia, a distinguished leader in the commercial real estate sector, announces that it arranged a total of $42.5 million in debt and equity to refinance Exchange at the Beach, a 232-unit multifamily apartment community located in the Panama City Beach, Florida neighborhood of Upper Grand Lagoon. Senior Managing Director Mitch Sinberg, and Managing Directors Scott […] The post Berkadia Arranges $42.5M Debt & Equity Refinancing of Exchange at th…
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