Highland Realty Capital Provides $57.5M Acquisition Loan For Orlando Multifamily Property

Located at 899 N Orange Ave in Orlando, this multifamily property consists of 246 units with a total square footage of 219,813. It was recently involved in an acquisition deal, facilitated by Highland Realty Capital.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $57,500,000
• Loan Type: Acquisition
• Loan Terms: 2+1+1+1 Acquisition Bridge Loan, Sub 3.00% Spread, 5.75% Exit DY

Highland Realty Capital, represented by Jeffrey K. Eliason & Leland Ortega, served as the lender and broker in this transaction. They played a crucial role in securing a $57,500,000 loan for the acquisition of this property.