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:
- Property Type: Industrial
- Transaction Amount: $5,100,000.00
- Address: 1216 W Amelia St
- Market: Orlando
- Lender: RRA Capital
- Brokers: Max Kra from Ackman-Ziff
Max Kra from Ackman-Ziff played a significant role as the broker representative in this transaction, facilitating the loan arrangement for the borrower.
Players
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