Highland Realty Capital Arranges $67M Bridge Loan For Orlando Multifamily Property

The multifamily property located at 335 N Rosalind Ave in Orlando has been involved in a closed transaction. The property consists of 389 units with a total square footage of 302,322. The transaction was facilitated by brokers Jeff Eliason and Leland Ortega from Highland Realty Capital.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $67,000,000
• Loan Type: Bridge Loan
• Loan Terms: 5-Year Fixed Rate Acquisition Bridge

The loan amount for this transaction was $67,000,000, and it was structured as a bridge loan. The loan terms include a 5-year fixed rate acquisition bridge. This funding provided the necessary capital for the acquisition of the multifamily property at 335 N Rosalind Ave in Orlando.

Jeff Eliason and Leland Ortega from Highland Realty Capital played a crucial role as the brokers representing the parties involved in this transaction. Their expertise and negotiation skills helped facilitate the successful acquisition of this multifamily property.