Daily limit: 0/10
Forman Capital Provides $9.7M Equity Investment To Unicorp National Developments For Multifamily Project
FINANCED
$9,700,000
+ 2
Florida
See Similar DealsDevelopment Site
Financed 07/27/2025
FINANCED
Forman Capital Provides $9.7M Equity Investment To Unicorp National Developments For Multifamily Project
9743 Avalon Woods Road
See Similar DealsDevelopment Site
Financed 07/27/2025
+ 2
Summary
FLORIDA
Asset Type:Development Site
Transaction Type:Loan
The asset involved in the transaction is a development site located at 9743 Avalon Woods Road in Winter Garden. The site is intended for a planned multifamily project consisting of 323 units, part of the Horizon West development in Orlando. The loan associated with this property is structured as a preferred equity investment totaling $9,700,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $9,700,000
- Lender: Brett Forman, Ben Jacobson, Scott Mehlman, and Ty Regnier - Forman Capital
- Landlord: Chuck Whittall - Unicorp National Developments
- Loan Type: Equity
- Closing Date: July 22, 2025
This transaction highlights a partnership between Forman Capital and Unicorp National Developments, focusing on high-growth markets that are supply-constrained. The collaboration aims to facilitate the development of the Elysian project, marked by strong investor interest and the potential for significant growth in the area.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,700,000.00
Monthly NOI$64,666.67
Monthly Debt Service$61,310.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions