Pacific Coast Capital Partners Funds $85M Acquisition Loan For Orlando Multifamily Property

An acquisition loan has been originated by Pacific Coast Capital Partners, LLC for the purchase of a multifamily property in Orlando. The property, located at 8151 Patterson Woods Drive, consists of 384 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $85,000,000
• Address: 8151 Patterson Woods Drive
• Market: Orlando
• Units: 384

The lender for this transaction is Pacific Coast Capital Partners, and the landlord is Trion Properties. Berkadia represented the buyer in the deal, with Scott Wadler, Brad Williamson, Wes Moczul, Brett Moss, Matt Wilcox, Jaret Turkell, and Tyler Swidler serving as the brokers.

The three-year, floating-rate loan provided by Pacific Coast Capital Partners amounts to $85 million, which includes $80 million in initial funding and an additional $5 million for capital improvements. The loan also offers extension options for the borrower.