$4,500,000 Financing Secured for Multifamily Property in Delray Beach, FL
Apr 7, 2026 Bank
Deal Summary
CIBC Bank USA recorded a $4,500,000 mortgage crossing two Delray Beach multifamily parcels at 332 and 328 Southwest 10th Street. The loan was executed April 7, 2026 and recorded April 14, 2026 in Palm Beach County under document 132259 (APN 12-43-46-20-16-000-0010), crossed against one additional parcel. County records list the owner as Andre Jean.
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Transaction Details
- Closing Date
- Apr 7, 2026
- Loan Amount
- $4,500,000
- Loan Type
- Bank
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 332 Sw 10th St
- City, State
- Delray Beach, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 1,767 sq ft
- Lot Size
- 5,955 sq ft (0.14 ac)
- Year Built
- 1948
- Year Renovated
- 1968
- Stories
- 1
- Buildings
- 1
- Zoning
- R-1-A
- Subtype
- Multi Family (General)
- Units
- 3
- Floor Area Ratio
- 0.22
Sale History
Last sold Oct 4, 2023. Prior owner Private party.
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 14, 2026 | CIBC BK USA | $4,500,000 | Mortgage | CONVENTIONAL |
| Aug 8, 2012 | GENERAL ELEC CAP CORP | Mortgage | ||
| Mar 29, 2006 | SECURITY ATLANTIC MTG | $155,000 | Mortgage | CONVENTIONAL |
| Apr 9, 2003 | ACCREDITED HM LENDERS | $122,400 | Mortgage | CONVENTIONAL |
| Mar 25, 1997 | BARNETT BK FL NA | $27,613 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.