Atlas Real Estate Partners Secures $75M Acquisition Loan For 384 Unit Multifamily In Orlando

The property asset involved in this transaction is located at 8151 Patterson Woods Drive in Orlando. This multifamily asset consists of 384 units and is associated with a loan amount of $75,000,000, utilized for acquisition purposes. The loan is structured as a floating rate bridge loan with an initial term of 2 years and includes three 1-year extension options.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $75,000,000
• Market: Orlando
• Units: 384
• Lender: MF1 Capital
• Landlord: Atlas Real Estate Partners - Arvind Chary & Alex Foster
• Brokers: Scott Wadler, Mitch Sinberg, Brad Williamson, Matthew Robbins & Wesley Moczul - Berkadia
• Loan Type: Acquisition
• Loan Terms: Floating rate bridge loan with 2-year initial term and three 1-year extension options

The key individuals and companies involved in this transaction include the landlord, Atlas Real Estate Partners, represented by Arvind Chary and Alex Foster. The transaction was facilitated by brokers from Berkadia: Scott Wadler, Mitch Sinberg, Brad Williamson, Matthew Robbins, and Wesley Moczul, highlighting the collaborative efforts in executing this loan agreement.