$90.17 Million Construction Loan Secured For Multifamily Development In Orlando By Cooper Horowitz
FINANCED
$90,175,000
Florida
See Similar DealsMultiFamily
Financed 06/11/2025
FINANCED
$90.17 Million Construction Loan Secured For Multifamily Development In Orlando By Cooper Horowitz
MultiFamily
Financed 06/11/2025
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$90,175,000.00
Monthly NOI$601,166.67
Monthly Debt Service$569,967.34
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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