Updated Mar 11, 2025
Taurus Investment Holdings Secures $49.65M Loan For Orlando Multifamily Property
6421 Conroy Road, Orlando, FL, USA & 6421 Conroy Road, Orlando, FL, USA
$49,650,000
$4/SF
Building Size
5,501,145 SF
Asset Type
MultiFamily
Closing
Nov 8, 2020
About this deal
AI
An Orlando multifamily property located at 6421 Conroy Road has recently secured a loan of $49,650,000. The loan, originated by berkadia''>berkadia''>berkadia''>berkadia'>Berkadia and purchased by Freddie Mac, has a term of 10 years with five years of interest only and a loan-to-value (LTV) ratio of 75%. The property is owned by Taurus Investment Holdings.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $49,650,000
- Market: Orlando
- Lender: Berkadia / Freddie Mac
- Landlord: Taurus Investment Holdings
- Brokers: Mitch Sinberg & Matt Robbins - Berkadia
The loan was arranged by Mitch Sinberg and Matt Robbins from Berkadia, who represented the borrower in this transaction. This deal highlights the collaboration between Berkadia, Freddie Mac, and Taurus Investment Holdings in securing financing for the Orlando multifamily property located at 6421 Conroy Road.
Players
Orlando MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Mitch Sinberg to view all their deals.
Browse Florida multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93