Old Vineland Road LLC Secures $35M Construction Loan For Kissimmee Multifamily Project

Old Vineland Rd in Kissimmee is the location of a recently closed property transaction. The asset involved in this transaction is a multifamily property with a total of 210 units. The deal was facilitated by JLL Capital Markets on behalf of the landlord, Old Vineland Road LLC. Max La Cava, Brian Gaswirth, and Drew Jennewein from JLL Capital Markets represented the landlord in this transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $35,000,000
• Loan Type: Construction Loan
• Loan Terms: Three-year, non-recourse loan

The loan for this property transaction amounted to $35,000,000. It was a three-year, non-recourse construction loan.