Berkadia South Florida recently secured a senior lender and preferred equity provider for the $51.5 million refinancing of The Village at Eastpointe Apartments, a 296-unit apartment complex in Fort Lauderdale, FL. Managing Director Brad Williamson, Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler and Matt Robbins, and Associate Director Wesley Moczul arranged capital on behalf of R.O.I Capital with Freddie Mac providing the $42.54 million five-year fixed rate loan with two years of interest only payments followed by open prepayment in year three while RCG Longview contributed $8.96 million in equity to complete the financing package for this 1974 built property that was renovated as recently as 2022 .
The Village at Eastpointe Apartments offers one-and two bedroom apartments ranging from 750 to 950 square feet featuring walk-in closets , ceiling fans , stainless steel appliances including dishwasher , mini blinds along with patios or balconies . Community amenities include onsite management office , gymnasium facilities plus two pools & laundry rooms along with clubhouse access for residents’ convenience .
