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851 E Maple St.

Max Kra Of Ackman-Ziff Represents Lender RRA Capital In $11.3 Million Loan For Industrial Asset In Winter Garden
FINANCEDIndustrial

Max Kra Of Ackman-Ziff Represents Lender RRA Capital In $11.3 Million Loan For Industrial Asset In Winter Garden

851 E Maple St.

$11,300,000

$256/SF

Building Size

44,000 SF

Asset Type

Industrial

Closing

Aug 23, 2021

AI

The asset involved in this transaction is an industrial property located at 851 E Maple St. in the Winter Garden market. A loan amount of $11,300,000.00 was secured for this property. The associated lender for this loan is RRA Capital.

Summary of transaction details:

Max Kra from Ackman-Ziff represents the interests of the brokers involved in this transaction. The deal took place on August 23, 2021, detailing the coordination between the lender and brokers for the successful loan arrangement.

Players

Max Kra

Ackman-Ziff

Broker

$214.3M

vol

6 deals

Broker
RRA Capital
RRA CapitalLender
Ultimate Realty
Ultimate RealtyLandlord

Winter Garden 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

1.40%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93