American Momentum Bank Provides $55M Construction Loan For Multifamily Development In Orlando

The multifamily property located at 14544 Avalon Road in Orlando has been involved in a closed transaction. The property consists of 320 units and has undergone a construction project.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $55,000,000
• Lender: American Momentum Bank
• Landlord: L.M. Sandler & Sons
• Brokers: Kevin O’Grady, Justin Neelis & Daniel Rojo - Concord Summit Capital

In this deal, American Momentum Bank served as the lender, providing a construction loan of $55,000,000. The landlord for the property is L.M. Sandler & Sons. The brokers involved in the transaction were Kevin O’Grady, Justin Neelis, and Daniel Rojo from Concord Summit Capital.