Westside Capital Group Secures $31.5M Loan For Mixed-Use Property In MetroWest Orlando

Westside Capital Group has closed on a mixed-use property located at 2121 South Hiawassee Road in MetroWest Orlando. The transaction was facilitated by brokers Charles Foschini and Christopher Apone.

Summary of transation details

• Property Type: Mixed-Use
• Transaction Amount: $31,500,000
• Loan Terms: 10-year, fixed-rate loan with partial interest only at a 70 percent loan to value
• SF: 185,788 (residential), 48,385 (commercial)
• Units: 150

The property is a mixed-use development combining residential and commercial units. The residential portion spans 185,788 square feet, while the commercial space occupies 48,385 square feet. The transaction, valued at $31,500,000, involved a 10-year fixed-rate loan with partial interest only at a 70 percent loan to value. The property's address is 2121 South Hiawassee Road in MetroWest Orlando.

Westside Capital Group enlisted the expertise of brokers Charles Foschini and Christopher Apone to facilitate the transaction. Their professional guidance helped ensure the deal's smooth execution and successful closing.