Taurus Investment Holdings Acquires Orlando Multifamily Property For $43.2M

The multifamily property located at 8101 Champions Cir in Orlando has recently been involved in a closed transaction. The transaction, which took place on 07/15/2021, was facilitated by Taurus Investment Holdings, represented by Nick Clark. The property is situated in a prime location in the Orlando market, offering a lucrative investment opportunity.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $43,200,000
• Address: 8101 Champions Cir, Orlando
• Market: Orlando

Mitch Sinberg and Matthew Robbins from Berkadia acted as brokers in this deal, representing the buyer and seller respectively. They played a crucial role in ensuring the seamless completion of the transaction. The loan for the transaction amounted to $43,200,000 and had a 3-year, floating rate term. The loan was structured with a full term interest-only component and a 75 percent loan-to-cost ratio. Additionally, the loan included additional funds to finance a capital improvements plan for the property. With a total of 252 units, this multifamily property presents a lucrative investment opportunity.