Lexin Capital Secures $47M Loan For Kissimmee Multifamily Property

The multifamily property located at 1040 Jamison Loop in Kissimmee has been involved in a recent transaction. The deal was closed on 02/12/2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $47,000,000
• Address: 1040 Jamison Loop, Kissimmee
• Market: Kissimmee

The lender for this transaction was Apollo, while Lexin Capital acted as the landlord. The deal was facilitated by the brokers Drew Anderman, Elliott Kunstlinger, and Alan Blank from Meridian Capital Group.

The loan obtained for this transaction amounted to $47,000,000. It is a seven-year loan with a fixed interest rate of 2.85%. The loan includes a period of 3.5 years of interest-only payments.

For additional information about this deal, please contact Elliott Kunstlinger at [email protected] or 646.502.3447.