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650 N. Hampton Avenue, Orla...

Terian Group Secures $92.5 Million Construction Loan From PCCP For Multifamily Asset In Orlando
FINANCEDMultiFamily

Terian Group Secures $92.5 Million Construction Loan From PCCP For Multifamily Asset In Orlando

650 N. Hampton Avenue, Orlando, Fl, 32803

$92,500,000

Building Size

Asset Type

MultiFamily

Closing

Mar 31, 2026

AI

The property asset involved in this transaction is a multifamily building located at 650 North Hampton Avenue in Orlando, comprising 336 units. The transaction involves a construction loan amounting to $92,500,000 provided by PCCP.

Summary of transaction details:

The transaction involved several key individuals from JLL representing Terian Group, which includes Melissa Marcolini Quinn, Lee Weaver, Rob Rothaug, and Alex Riva. Their involvement highlights the professional team facilitating the construction loan process for the multifamily property.

Players

Lee Weaver

JLL

Broker

$1.2B

vol

12 deals

Broker
PCCP
PCCPLender

Orlando MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93