Naftali Closes on $62M Refi for Hollywood Rental Asset

Naftali Closes on $62M Refi for Hollywood Rental Asset
News| November 18, 2025| Mike Boyd
Florida & Gulf Coast + Apartment Buildings

Naftali Credit Partners closed on a $62 million loan for Nine Hollywood, a newly completed multifamily property at 1809 Jackson Street in Hollywood, Florida.

Naftali Credit Partners structured a $62 million loan for Fundrebel, a real estate investment and development firm, to refinance existing debt and support the lease-up and stabilization of the recently delivered multifamily development, Nine Hollywood. Naftali Credit Partners successfully syndicated a $42 million senior loan, while retaining a $20 million subordinate loan.

Completed in 2024, Nine Hollywood is a 12-story multifamily development encompassing 123,000 square feet across 204 residential units and two ground-floor retail spaces, along with 260 parking spots. Amenities include a fitness center, pool, resident lounge, and storage areas. The property is almost entirely occupied.

Naftali Group is also developing over 3 million square feet of residential and mixed-use space across two projects in South Florida, including JEM in Miami and Viceroy Residences Fort Lauderdale.

Attend Connect Southeast Multifamily on December 4th in Key Biscayne when the market experts share the playbook for where capital is moving next, and how the region’s power players are positioning themselves to stay ahead of the national curve. Be there to explore the opportunities, challenges, trends, and the future outlook for the multifamily landscape throughout Florida and the Southeast. www.ConnectSEMF2025.com

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