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7488 Universal BLVD, Orland...

JDCAP Secures Loan For MultiFamily Property In Orlando, FL
FINANCEDMultiFamily

JDCAP Secures Loan For MultiFamily Property In Orlando, FL

7488 Universal BLVD, Orlando, FL, 32...

Building Size

Asset Type

MultiFamily

Closing

Oct 26, 2022

AI

The property located at 7488 Universal BLVD in Orlando, FL, is a MultiFamily asset involved in a recent loan transaction. The undisclosed institutional lender provided financing for this property.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: Not disclosed
  • Address: 7488 Universal BLVD, Orlando, FL
  • Market: Orlando

The borrower in this deal was JDCAP, represented by Kyle Schlitt, Matt Williams, and Robert (Rob) Wright from Newmark. The undisclosed institutional lender facilitated the loan for this transaction.

Players

Kyle Schlitt

Newmark

Broker

$728.7M

vol

11 deals

Broker
UL
Undisclosed Institutional... LenderLender

Orlando MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93