ESG Kullen Secures $22.5 Million Loan From Encore Finance For Orlando Multifamily Asset

12806 Madison Pointe Circle

$22,500,000

$22,500,000/SF

Building Size

1 SF

Asset Type

MultiFamily

Closing

Sep 6, 2024

AI

The asset involved in this transaction is a multifamily property located at 12806 Madison Pointe Circle in the Orlando market, comprising a total of 336 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $22,500,000
Lender: Encore Finance
Landlord: ESG Kullen
Loan Terms: 183 out of the 336 total units. 5 years fixed rate
Brokers: Christopher Apone, Charles Foschini, Lourdes Carranza-Alvarez & Shannon Wilson - Berkadia

The individuals involved in this deal include brokers Christopher Apone, Charles Foschini, Lourdes Carranza-Alvarez, and Shannon Wilson, all representing Berkadia, facilitating the loan agreement for ESG Kullen through Encore Finance.

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