Located at 5215 Millenia Blvd in Orlando, this multifamily property consists of 371 units. The transaction was closed on 12/17/2021, with CBRE Investment Management providing a loan amount of $74,600,000 on a floating rate loan with an initial term of four years. The property is managed by TerraCap Management, and the deal was facilitated by Newmark as the broker.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $74,600,000
• Address: 5215 Millenia Blvd
• Market: Orlando
• Units: 371

CBRE Investment Management, represented by Charles Kim, provided the loan for this transaction. The loan terms include a floating rate with an initial term of four years. TerraCap Management serves as the landlord for the property, and Newmark acted as the broker in the deal.