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Transaction Details

74-Unit Multifamily Acquisition Loan


Gulf Breeze, Florida

  • Loan Amount: $7,140,000
  • LTV: 70%
  • Project Type: Value-Add Multifamily Acquisition
  • Rate: SOFR + 8%

Transaction Overview

StackSource recently arranged financing for the acquisition of a 74-unit value-add multifamily property located in Gulf Breeze, Florida. StackSource secured this deal with a rate of SOFR + 8%, 2 years of I/O and a 70% LTV for this international borrower.

MBP specializes in debt and equity placement for all asset classes. Our extensive network of unique capital sources in development and permanent financing and extensive capital markets knowledge allows us to tackle a wide variety of transactions, regardless of complexity or size, to benefit our clients.

MBP has a team of dedicated and experienced finance professionals with you at every step. We are consistently improving and expanding our capital market relationships and are committed to exceeding our client's expectations through these relationships, innovative solutions, and outstanding work ethic.

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