Miryam Reinitz-Kops & Jon Morales Of Greystone Provide $20.98M Refinance Loan For Windover Oaks Apartments
1770 Windover Oaks Circle
$20,977,600
Building Size
—
Asset Type
MultiFamily
Closing
Nov 11, 2025
AI
Windover Oaks Apartments is a multifamily property located at 1770 Windover Oaks Circle in Titusville, Florida. The property comprises 238 units and is part of the affordable housing community sector.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $20,977,600
- Loan Type: Refinance
- Loan Terms: 35-year
- Lender: Miryam Reinitz-Kops & Jon Morales - Greystone
- Landlord: Michael Nguyen - Atlantic Housing Foundation
The refinancing of Windover Oaks Apartments was facilitated by Greystone, which provided a $20.98 million HUD 223(f) loan on behalf of Atlantic Housing Foundation. This loan aims to support ongoing maintenance, green certification, and equity monetization, focusing on preserving affordable housing for low- and moderate-income residents.
Players
Titusville 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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93