ROI Capital Group Secures $53M Loan For Multifamily Property On Timuquana Rd In Jacksonville With Voya Investment Management
FINANCED
Florida
See Similar DealsMultiFamily
Financed 09/07/2022
FINANCED
ROI Capital Group Secures $53M Loan For Multifamily Property On Timuquana Rd In Jacksonville With Voya Investment Management
5327 Timuquana Road
See Similar DealsMultiFamily
Financed 09/07/2022
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily property located at 5327 Timuquana Rd in Jacksonville has been involved in a recent transaction. The property consists of 444 units and is owned by ROI Capital Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $53,000,000
- Lender: Voya Investment Management
- Landlord: ROI Capital Group
- Brokers: Wesley Moczul, Matt Robbins, Mitch Sinberg, Scott Wadler & Brad Williamson - Berkadia
- Loan Type: Acquisition
The loan for this transaction was provided by Voya Investment Management. Wesley Moczul, Matt Robbins, Mitch Sinberg, Scott Wadler, and Brad Williamson from Berkadia represented the buyer in the deal.
Players
LANDLORD
Details
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$53,000,000.00
Monthly NOI$353,333.33
Monthly Debt Service$334,996.05
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
