Highland Realty Capital Provides $57.5M Acquisition Loan For Orlando Multifamily Property | 899 North Orange Avenue | Highland Realty Capital | Leland Ortega, Jeffrey Eliason | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

219,813 sqft

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.

Players

All
3

Agents
2
Lenders
1

$10M Sold

Highland Realty Capital

Details

Deal Summary

FINANCED

IMAGE: Jeffrey K. Eliason & Leland Ortega DATE: 04/04/2022 ADDRESS: 899 N Orange Ave MARKET: Orlando ASSET TYPE: Multifamily ~ UNITS: 246 ~ SF: 219,813 LENDER: Highland Realty Capital BROKERS: Jeffrey K. Eliason & Leland Ortega - Highland Realty Capital LOAN AMOUNT: $57,500,000 LOAN TYPE: Acquisition LOAN TERMS: 2+1+1+1 Acquisition Bridge Loan, Sub 3.00% Spread, 5.75% Exit DY

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Address899 North Orange Avenue

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