{"id":387415,"date":"2026-09-01T18:34:08","date_gmt":"2026-09-01T18:34:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/387415\/"},"modified":"2026-09-01T18:34:08","modified_gmt":"2026-09-01T18:34:08","slug":"walton-street-capital-refis-tampa-area-apartments-with-44m-loan-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/387415\/","title":{"rendered":"Walton Street Capital Refis Tampa-Area Apartments With $44M Loan \u2013 Commercial Observer"},"content":{"rendered":"

A joint venture between Mast Capital<\/a> and Rockpoint<\/a> has sealed a $44 million loan to refinance a newly completed garden-style apartment community in a suburb north of Tampa, Fla., Commercial Observer has learned.<\/p>\n

Walton Street Capital<\/a> supplied the three-year, floating-rate loan on the sponsorship\u2019s248-unit the Harlow property in Wesley Chapel, Fla. The refi retired a past construction loan obtained for the property while providing the borrower flexibility to pursue a sale or permanent financing in the next few years, according to Berkadia<\/a>, which arranged the transaction.<\/p>\n

SEE ALSO: Liability Litigation Is Choking Multifamily Housing<\/a><\/p>\n

Berkadia negotiated the debt with a team consisting of Mitch Sinberg, Scott Wadler, Matthew Robbins, Brad Williamson and Bryan Brown.\u00a0<\/p>\n

\u201cThe Harlow presented a compelling financing opportunity given the strength of the sponsorship, quality of the newly built asset and its strong operating performance,\u201d Wadler, managing director at Berkadia, said in a statement.\u00a0<\/p>\n

Robbins added the Wesley Chapel submarket benefits from \u201cstrong population growth\u201d along with the community\u2019s \u201csignificant investment\u201d in retail, health care and infrastructure projects. The property is half a mile north of the $250 million BayCare Hospital Wesley Chapel that opened<\/a> in 2023.\u00a0<\/p>\n

Located at 5301 Bruce B Downs Boulevard 23 miles north of Downtown Tampa, the 2024-built Harlow was 98 percent occupied at the time of the loan with a mix of one-, two- and three-bedroom units. Community amenities include a pool, a sundeck, a fitness center, a walking trail, electronic vehicle charging stations and coworking spaces.<\/p>\n

\u201cThe Harlow\u2019s strong leasing performance reflects the quality of the community and the continued demand we see across the Wesley Chapel market,\u201d Camilo Miguel Jr., founder and CEO of Mast Capital, said in a statement. \u201cThis refinancing positions the asset well for its next phase and underscores our conviction in the long-term fundamentals of the Tampa region.\u201d\u00a0<\/p>\n

Walton Street Capital did not immediately return a request for comment.<\/p>\n

Andrew Coen can be reached at acoen@commercialobserver.com<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"A joint venture between Mast Capital and Rockpoint has sealed a $44 million loan to refinance a newly…\n","protected":false},"author":2,"featured_media":387416,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[54896,155151,155152,155153,54898,54900,135,137,136],"class_list":["post-387415","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-brad-williamson","tag-bryan-brown","tag-camilo-miguel-jr","tag-matthew-robbins","tag-mitch-sinberg","tag-scott-wadler","tag-tampa","tag-tampa-headlines","tag-tampa-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/387415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=387415"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/387415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/387416"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=387415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=387415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=387415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}