Cushman & Wakefield and Greystone Close $109.2 Million Freddie Mac Loan for a Multifamily Property in Hollywood, Florida
Key Highlights
- ➤$109,164,000 financing closed for Hollywood’s 362-unit Bread Building
- ➤Bread Building reached full occupancy in September 2026
- ➤Freddie Mac Lease-Up Loan provided cash-out refinance and full-term interest-only financing
- ➤Bridge Investment Group affiliate of Apollo (APO) participated as borrower
- ➤25-story property includes 17,000 square feet of retail and 478 parking spaces
Expert Statements
Chris Moyer, Executive Managing Director at Cushman & Wakefield
“The Bread Building represented a compelling lending opportunity in one of South Florida’s most dynamic residential markets.”
Chris Moyer, Executive Managing Director at Cushman & Wakefield
“The property’s prime location in the heart of downtown Hollywood, proximity to major employment centers, and high-quality residential offerings allowed us to capitalize on the continued demand for luxury multifamily housing in South Florida.”
Chris Moyer, Executive Managing Director at Cushman & Wakefield
“We’re pleased to have worked alongside BTI Partners, Bridge Investment Group and Greystone to execute this financing.”
Richard Kourbage, Greystone
“We are pleased with the strong execution achieved through Freddie Mac’s financing program of this transaction.”
Richard Kourbage, Greystone
“Utilizing Freddie Mac’s Lease-Up Loan program, we were able to provide the borrower with a cash-out refinance, full term interest only, and 35-year amortization.”
Richard Kourbage, Greystone
“The Bread Building’s successful lease-up and strong market fundamentals made it an excellent candidate for this financing, and we appreciated the opportunity to deliver a solution that supports the property’s long-term success.”
Jacob Breakstone, Manager, Urban Development at BTI Partners
“Downtown Hollywood continues to evolve into one of South Florida’s most vibrant urban destinations, and the Bread Building is an important part of that transformation.”
Jacob Breakstone, Manager, Urban Development at BTI Partners
“The property’s successful lease-up reflects the growing demand for high-quality residential living in Hollywood.”
Jacob Breakstone, Manager, Urban Development at BTI Partners
“This refinancing is another significant milestone for the project and reinforces our confidence in downtown Hollywood’s continued growth and long-term potential.”
HOLLYWOOD, Fla., Nov. 02, 2026 (GLOBE NEWSWIRE) -- Cushman & Wakefield, a global real estate services firm, and Greystone, a leading national commercial real estate finance company, announced the closing of $109,164,000 million in financing for the Bread Building, a multifamily property located in downtown Hollywood, Florida. Cushman & Wakefield arranged, and Greystone provided the Freddie Mac loan for the transaction on behalf of borrowers, BTI Partners and Bridge Investment Group.
Cushman & Wakefield's Equity, Debt & Structured Finance team of Chris Moyer and Chris Lentz arranged the financing in collaboration with Greystone's Richard Kourbage, Gillian McIIroy, and Zach Shabinsky.
Get started
Create a free account to read the full story.