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
Building Size
—
Asset Type
MultiFamily
Closing
Dec 1, 2021
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