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Davenport Multifamily Property Secures $32.2M Loan With JLL Brokers Mon..

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FINANCED
$32,200,000
Mona Carlton
Michael DiCosimo
Jesse Wright
+ 2

Florida

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MultiFamily9,961,320 SF
Financed
the dealplayerscompscontact
Property Image
FINANCED

Davenport Multifamily Property Secures $32.2M Loan With JLL Brokers Mon..

200 Village Place, Davenport, FL, USA

See Similar Deals
MultiFamily9,961,320 SF
Financed
Mona Carlton
Michael DiCosimo
Jesse Wright
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$3
Total Square Footage:9,961,320 SF
Transaction Type:Loan

200 Village Pl in Davenport, a multifamily property, was recently involved in a closed transaction. The loan for this property was valued at $32,200,000, with a 10-year, floating-rate term. The property consists of 240 units.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $32,200,000
  • Loan Terms: 10-year, floating-rate
  • Units: 240

The brokers involved in this transaction were Mona Carlton, Elliott Throne, Jesse Wright, Amit Kakar, and Michael DiCosimo from JLL. The landlord for the property is Beachwold Residential.

Players

Jesse Wright
JLL
Jesse Wright
23 deals$1.6B volume(786) 532-2347
BROKER
Michael DiCosimo
JLL
Michael DiCosimo
35 deals$1.5B volume(267) 418-2323
BROKER
Mona Carlton
JLL
Mona Carlton
10 deals$412.5M volume(469) 232-1908
BROKER
Amit Kakar
JLL
Amit Kakar
8 deals$513.4M volume
BROKER
Elliott Throne
JLL
Elliott Throne
18 deals$747M volume
BROKER

Details

FINANCED
IMAGE: Elliott Throne, Jesse Wright & Michael DiCosimo DATE: 06/01/2020 ADDRESS: 200 Village Pl MARKET: Davenport ASSET TYPE: Multifamily LOAN AMOUNT: $32,200,000 LOAN TERMS: 10-year, floating-rate UNITS: 240 BROKERS: Mona Carlton, Elliott Throne, Jesse Wright, Amit Kakar & Michael DiCosimo - JLL LANDLORD: Beachwold Residential

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$32,200,000.00

Monthly NOI$214,666.67
Monthly Debt Service$203,525.90
Change in Cash Flow$0.00
Refinance Proceeds$0.00