Pensam Capital Provides $5.25M Bridge Loan For Orlando Development Site

Located at 1851 W. Landstreet in Orlando, this development site recently underwent a closed transaction. The property spans a total of 214,340 square feet and consists of 345 units. The deal involved a bridge loan worth $5,250,000 provided by Pensam Capital.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $5,250,000
• Property Address: 1851 W. Landstreet, Orlando
• Market: Orlando
• Lender: Pensam Capital
• Number of Units: 345

The landlords involved in this transaction were Abraham Wieder, representing Supreme Equities LLC and Landstreet Partners LLC. The brokers who facilitated the deal were Alena Grummons and Michael Korine from Berko & Associates.