The financing was provided through a Fannie Mae lender at an 80% loan-to-value ratio. The interest rate on the loan is 5.765% fixed for 10 years, with a 30-year amortization.
Anthony Swainey, of the local office of Marcus & Millichap Capital Corp. arranged the financing for KPC Properties. The firm is a subsidiary of Marcus & Millichap Real Estate Investment Brokerage Co., based in Encino, CA.
Kimberly Apartments was built 31 years ago on a 5.6-acre tract of land located just south of Coral Springs.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
