Onicx Group Secures $66.3 Million Refinance Loan For 264-Unit Multifamily Property In Orlando
10403 Via Parco Orienta
$66,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 7, 2025
AI
The property involved in this transaction is a multifamily asset located at 10403 Via Parco Orienta in the Orlando market. The asset comprises 264 units and is associated with a loan amount of $66,300,000, which is classified as a refinance with terms set for five years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $66,300,000
- Lender: Brian Hahn & Russell Frahm - Mesa West Capital
- Landlord: Onicx Group
- Brokers: Kenny Cutler & Jesse Wright - JLL
- Loan Type: Refinance
- Loan Terms: 5 years
The individuals facilitating this transaction include Brian Hahn and Russell Frahm, representing Mesa West Capital as lenders. Onicx Group serves as the landlord for the property. The brokerage team managing the deal comprises Kenny Cutler and Jesse Wright from JLL, who play a crucial role in the arrangement of this loan transaction.
Players
Orlando 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93