Updated Oct 28, 2024
Dwight Capital - Keith Hoffman Secures $38M Loan For Multifamily Property On Lake Square Circle In Orlando
12515 Lake Square Circle, Orlando, FL 32821, USA
$38,000,000
Units
264
Asset Type
MultiFamily
Closing
Dec 1, 2021
About this deal
AI
Located at 12515 Lake Square Circle in Orlando, this multifamily property consists of 264 units. The transaction took place on 12/01/2021, with a loan amount of $38,000,000. The lender for this deal was Dwight Capital, with Keith Hoffman representing the company.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $38,000,000
- Units: 264
Keith Hoffman from Dwight Capital played a key role in securing the loan for this multifamily property transaction. With his expertise and representation, the deal was made possible.
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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93