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4121 34th Street

Calmwater Capital Provides $8.75M Bridge Loan For Industrial Property In Orlando
FINANCEDIndustrial

Calmwater Capital Provides $8.75M Bridge Loan For Industrial Property In Orlando

4121 34th Street

$8,750,000

$106/SF

Building Size

82,000 SF

Asset Type

Industrial

Closing

Jun 24, 2024

AI

The industrial property located at 4121 34th Street in Orlando spans 82,000 square feet. The recent transaction involved a Bridge Loan amounting to $8,750,000 with Larry Grantham, Ryan Altman, and Ryan Morrell from Calmwater Capital serving as the lenders. The property is owned by Capstone Equities, with the brokerage services provided by Jonathan Aghravi of JBA Equities.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $8,750,000
  • Address: 4121 34th Street
  • Market: Orlando
  • Lender: Larry Grantham, Ryan Altman, and Ryan Morrell - Calmwater Capital
  • Landlord: Capstone Equities
  • Broker: Jonathan Aghravi - JBA Equities

The key individuals involved in the transaction include Larry Grantham, Ryan Altman, Ryan Morrell, and Jonathan Aghravi. Larry Grantham, Ryan Altman, and Ryan Morrell acted as the lenders providing the Bridge Loan, while Jonathan Aghravi facilitated the deal as the broker representing the parties involved in the property transaction.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

48 deals

Broker
Calmwater Capital
Calmwater CapitalLender

Orlando Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.81%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93