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:
- Property Type: Multifamily
- Transaction Amount: $52,520,000
- Lender: Mesa West Capital
- Landlord: Taurus Investment Holdings
- Brokers: Scott Wadler, Matthew Robbins, Mitch Sinberg, Wesley Moczul, Patrick Johnson & Brad Williamson - Berkadia
- Date of Transaction: 06/24/2025
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
Apopka MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
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