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1216 W Amelia St

Max Kra Of Ackman-Ziff Represents Lender RRA Capital In $5.1M Industrial Loan For Orlando Property
FINANCEDIndustrial

Max Kra Of Ackman-Ziff Represents Lender RRA Capital In $5.1M Industrial Loan For Orlando Property

1216 W Amelia St & 514 Hames Ave.

$5,100,000

$6/SF

Building Size

763,546 SF

Asset Type

Industrial

Closing

Jul 28, 2022

AI

The property asset involved in this transaction is an industrial asset located at 1216 W Amelia St in Orlando. The loan amount secured for this property is $5,100,000.00, facilitated by RRA Capital.

Summary of transaction details:

Max Kra from Ackman-Ziff played a significant role as the broker representative in this transaction, facilitating the loan arrangement for the borrower.

Players

Max Kra

Ackman-Ziff

Broker

$214.3M

vol

6 deals

Broker
RRA Capital
RRA CapitalLender
Ultimate Realty
Ultimate RealtyLandlord

Orlando Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93