Ian Kok Of Trilogy Real Estate Group Secures $64 Million Construction Loan In Tampa Florida
104 South Mulrennan Road
$64,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 14, 2026
AI
The property asset involved in this transaction is located at 104 South Mulrennan Road, Tampa, FL. The asset is categorized as multifamily and is associated with a construction loan amounting to $64,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $64,000,000
- Lender: Lauren Villano - QuadReal Property Group
- Borrower: Ian Kok - Trilogy Real Estate Group
- Broker Representatives: Jesse Wright, Kenny Cutler, J.J. Hovenden, Miguel Pedersen - JLL
- Loan Type: Construction
The deal involves several key individuals and companies, with Lauren Villano serving as the lender representing QuadReal Property Group. Ian Kok acts as the borrower in the transaction, representing Trilogy Real Estate Group. Additionally, the brokers involved in facilitating the deal are Jesse Wright, Kenny Cutler, J.J. Hovenden, and Miguel Pedersen, all affiliated with JLL.
Players
Valrico MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93