$6,250,000 Refinance Secured for Multifamily Property in Hollywood, FL
W Financial REIT recorded a $6,250,000 mortgage crossing eight South Florida parcels anchored by an eight unit multifamily property at 1857 Jackson Street in Hollywood. The loan was executed May 27, 2026 and recorded May 29, 2026 in Broward County under document 120894806 (APN 51-42-15-01-7370), crossed against seven additional parcels. County records list the owner as Gadamis Property Llc.
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Transaction Details
- Closing Date
- May 27, 2026
- Loan Amount
- $6,250,000
- Loan Type
- Bridge Lender
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 1857 Jackson St
- City, State
- Hollywood, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 5,069 sq ft
- Lot Size
- 10,758 sq ft (0.25 ac)
- Year Built
- 1939
- Year Renovated
- 1945
- Stories
- 2
- Buildings
- 1
- Zoning
- RMCRA-76
- Subtype
- Multi Family (General)
- Units
- 8
- Floor Area Ratio
- 0.47
Sale History
Last sold for $2,500,000 on May 1, 2024. Prior owner FIRE APT LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 29, 2026 | W FIN'L REIT LTD | $6,250,000 | Mortgage | CONVENTIONAL |
| Aug 30, 2024 | CCHC FUND IV LP | $4,500,000 | Mortgage | CONVENTIONAL |
| May 8, 2024 | GROVE BK&TR | $3,000,000 | Mortgage | CONVENTIONAL |
| Oct 2, 2003 | BAYVIEW FIN'L TRADING GRP | $347,200 | Mortgage | CONVENTIONAL |
| Apr 9, 1998 | NATIONSBANK | $136,460 | Mortgage | CONVENTIONAL |
| Jun 30, 1993 | Private party lender | $80,000 | Mortgage | PRIVATE PARTY LENDER |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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