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Kinsley Properties LLC Secures $6M Loan For 56-Unit Multifamily Acquisition In Lakeland

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FINANCED
$6,000,000

Florida

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MultiFamily
Financed 02/09/2026
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FINANCED

Kinsley Properties LLC Secures $6M Loan For 56-Unit Multifamily Acquisition In Lakeland

915 Ariana Street

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MultiFamily
Financed 02/09/2026
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan

915 Ariana Street is a multifamily property located in Lakeland, Florida, comprising 56 units. The acquisition financing secured for this asset amounts to $6,000,000, arranged with a 10-year term and five years of interest-only payments.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Loan Type: Acquisition
  • Loan Terms: 10-year term, with five years of interest-only
  • Landlord: Kinsley Properties LLC
  • Broker: Eric Fixler - Northmarq

Eric Fixler, representing Northmarq’s West Palm Beach Debt + Equity team, facilitated the acquisition financing for Kinsley Properties LLC through Northmarq’s Fannie Mae DUS platform, demonstrating the firm's capability in securing extensive debt solutions in the multifamily sector.

Players

Eric Fixler
4 deals$246.9M volume
BROKER

Details

FINANCED
IMAGE: Eric Fixler DATE: 02/09/2026 ADDRESS: 915 Ariana Street MARKET: Lakeland ASSET TYPE: Multifamily LANDLORD: Kinsley Properties LLC BROKER: Eric Fixler - Northmarq (@NorthMarq) LOAN AMOUNT: $6,000,000 LOAN TYPE: Acquisition LOAN TERMS: 10-year term, with five years of interest-only NOTE: Northmarq’s West Palm Beach Debt + Equity team, led by Eric Fixler, secured $6M in acquisition financing for 915 Ariana, a 56-unit multifamily property in Lakeland, Florida.The loan was arranged for Kinsley Properties LLC through Northmarq’s Fannie Mae DUS platform with a 10-year fixed term and five years of interest-only payments.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$6,000,000.00

Monthly NOI$40,000.00
Monthly Debt Service$37,924.08
Change in Cash Flow$0.00
Refinance Proceeds$0.00