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104 South Mulrennan Road

Ian Kok Of Trilogy Real Estate Group Secures $64 Million Construction Loan In Tampa Florida
FINANCEDMultiFamily

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:

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

Jesse Wright

JLL

Broker

$1.6B

vol

23 deals

Broker

Lauren Villano

QuadReal Property Group

Lender

$64M

vol

1 deal

Lender

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