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Trinity Community Development Foundation Secures $134.3M Loan For Millenia Moments Orlando Development

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FINANCED
$134,300,000
Timothy (Tim) Hosmer
Aaron Rulnick
+ 3

Florida

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Development Site
Financed 05/14/2025
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FINANCED

Trinity Community Development Foundation Secures $134.3M Loan For Millenia Moments Orlando Development

4550 Vineland Road

See Similar Deals
Development Site
Financed 05/14/2025
Timothy (Tim) Hosmer
Aaron Rulnick
+ 3
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Summary

FLORIDA
Asset Type:Development Site
Transaction Type:Loan

The property asset involved in the transaction is a development site located at 4550 Vineland Road, Orlando. The site comprises 10.5 acres with a building size of 316,900 square feet. It is part of a senior housing project named Millenia Moments Orlando, with a loan amount of $134,300,000 secured for its development.

Summary of transaction details:

JLL and HJ Sims played significant roles in securing the financing for this project, which will feature 261 senior housing units including independent living, assisted living, and memory care units. The facility is set to be operated by Vitality Senior Living and is expected to open in 2027.

Players

Timothy (Tim) Hosmer
2 deals$156.5M volume
BROKER

Alanna Ellis
JLL
9 deals$469.7M volume
BROKER

Aaron Rulnick
HJ Sims
2 deals$214.4M volume(203) 856-1835
BROKER


Kerry Lewandowski
HJ Sims
1 deal$134.3M volume
BROKER

Brady Johnson
HJ Sims
1 deal$134.3M volume(949) 558-8297
BROKER

Cushman & Wakefield
BROKERAGE

Details

FINANCED
IMAGE: Matt Crouch, Greg Fawcett, Aaron Rulnick, Brady Johnson, Alanna Ellis, Timothy Hosmer & Kerry Lewandowski DATE: 05/14/2025 ADDRESS: 4550 Vineland Road MARKET: Orlando ASSET TYPE: Development Site ~ BSF: 316,900 ~ ACRES: 10.5 LANDLORD: Matt Crouch - Trinity Community Development Foundation BROKERS: Aaron Rulnick, Kerry Lewandowski & Brady Johnson - HJ Sims (@HJSims); Alanna Ellis, Greg Fawcett & Timothy Hosmer - JLL (@JLL) LOAN AMOUNT: $134,300,000 NOTE: JLL and HJ Sims secured $134.3M in tax-exempt bond financing for Millenia Moments Orlando, a 261-unit senior housing project by Trinity Community Development Foundation, set to open in 2027. The 316,900 SF community will offer independent living, assisted living, and memory care units, and will be operated by Vitality Senior Living.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$134,300,000.00

Monthly NOI$895,333.33
Monthly Debt Service$848,867.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00