facebook
Traded Co logo
Submit

Starwood Capital Group Secures $46.6M Loan For Multifamily Property In Orlando

Property Image
FINANCED
$46,600,000

Florida

See Similar Deals
MultiFamily15,642 SF
Financed 12/08/2020
the dealplayerscompscontact
Property Image
FINANCED

Starwood Capital Group Secures $46.6M Loan For Multifamily Property In Orlando

3757 Millenia Blvd, Orlando, FL, USA

See Similar Deals
MultiFamily15,642 SF
Financed 12/08/2020
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$2,979
Total Square Footage:15,642 SF
Transaction Type:Loan

The multifamily property located at 3757 Millenia Blvd in Orlando has been involved in a closed transaction. The property consists of 303 units and was sold on 12/08/2020. Barry Sternlicht shared an image of the property on Instagram.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $46,600,000
  • Address: 3757 Millenia Blvd
  • Market: Orlando
  • Units: 303

The lender for this transaction was Berkeley Point Capital, and the landlord was Starwood Capital Group. Barry Sternlicht, the person who shared the image, is affiliated with Starwood Capital Group. The loan amount for the transaction was $46,600,000.

Players

LENDER


Details

FINANCED
IMAGE: Barry Sternlicht DATE: 12/08/2020 ADDRESS: 3757 Millenia Blvd MARKET: Orlando ASSET TYPE: Multifamily UNITS: 303 LENDER: Berkeley Point Capital LANDLORD: Starwood Capital Group LOAN AMOUNT: $46,600,000

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$46,600,000.00

Monthly NOI$310,666.67
Monthly Debt Service$294,543.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00