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2500 Conserve Cir

Taurus Investment Holdings Secures $52.52 Million Refinance Loan From Mesa West Capital For Multifamily Property
FINANCEDMultiFamily

Taurus Investment Holdings Secures $52.52 Million Refinance Loan From Mesa West Capital For Multifamily Property

2500 Conserve Cir

$52,520,000

Building Size

Asset Type

MultiFamily

Closing

Jun 19, 2025

AI

The property asset involved in this transaction is a multifamily complex located at 2500 Conserve Cir in Apopka, comprising a total of 276 units. The deal pertains to a refinance arrangement secured for a loan amount of $52,520,000, executed under a three-year, floating-rate bridge loan structure with provisions for two 1-year extension options.

Summary of transaction details:

The transaction involved notable brokers who played significant roles in the process. The brokers representing the deal were Scott Wadler, Matthew Robbins, Mitch Sinberg, Wesley Moczul, Patrick Johnson, and Brad Williamson from Berkadia, bringing their expertise to facilitate the refinancing of the multifamily asset.

Players

Brad Williamson

Berkadia

Broker

$7B

vol

111 deals

Broker
Berkadia
BerkadiaBrokerage
Mesa West Capital
Mesa West CapitalLender
Taurus Investment Holdings
Taurus Investment HoldingsLandlord

Apopka 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

0.30%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93