Zona Village's ideal location in Davie places the property less than eight miles from downtown Fort Lauderdale, 22 miles from Downtown Miami, and near primary regional arteries including Interstate 595 and the Florida Turnpike. Of 71,000 multifamily properties surveyed across the United States, Zona Village ranked in the top 40 on the Online Reputation Assessment (ORA) Score Power Rankings, which is an aggregate composition of property ratings across various review sites. Together, we were able to achieve Ceiba Groupe's target proceeds and provide a long-term, permanent financing solution for the asset.' We worked closely with the owner and lender to craft creative sizing covenants to support Zona Village's ongoing and rapid rent appreciation. Melody added, 'This transaction exemplified the capital markets' strong appetite for Class-A multifamily. 'With its mixed-use, structured parking, enclosed corridors, resort-style pool deck, and all the amenities just an elevator ride away, Zona Village represents a new way of living in the Town of Davie.' 'Walker & Dunlop's team did an excellent job of canvassing the capital markets as a whole, ultimately securing a financing solution that met each of Ceiba Groupe's key objectives and goals,' said Adam Bedzow, Managing Principal of Ceiba Groupe. The team delivered a 10-year, non-recourse loan with a fixed interest rate for their client, Ceiba Groupe, to replace the existing construction financing. Walker & Dunlop's Tom Melody, Eric McGlynn, Jonathan Paine, and Wes Wallace leveraged their wide range of capital sources, ultimately identifying a national life insurance company as the lender and securing the proceeds to refinance Zona Village.

Recently completed in 2021, the midrise building is comprised of 201 multifamily units and 16,500 square feet of ground ﬂoor retail space. DAVIE, FL - Walker & Dunlop, announced that it structured $67,000,000 in financing for Zona Village, a Class-A multifamily property located in Davie, Florida, a high growth submarket within the Ft.

Zona village davie