$90.17 Million Construction Loan Secured For Multifamily Development In Orlando By Cooper Horowitz
$90,175,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 10, 2025
AI
The transaction involves a multifamily asset located in the Orlando market, with a loan amount of $90,175,000 designated for construction purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $90,175,000
- Loan Type: Construction
- Date: 6/11/2025
- Brokers: Michael Horowitz, Jordan Horowitz & David Horowitz - Cooper Horowitz
The deal showcases the involvement of brokers Michael Horowitz, Jordan Horowitz, and David Horowitz, all representing the transaction through Cooper Horowitz, highlighting the collaborative effort within the brokerage team for this loan transaction.
Players
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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93