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8150 Chatham Manor BLVD, Or...

East Hill Capital Acquires Orlando Property From Priderock Capital Partners For $151 Million
SOLDMultiFamily

East Hill Capital Acquires Orlando Property From Priderock Capital Partners For $151 Million

8150 Chatham Manor BLVD, Orlando...

$151,000,000

Building Size

Asset Type

MultiFamily

Closing

May 22, 2022

AI

The property asset involved in this transaction is located at 8150 Chatham Manor Blvd, Orlando. The sale was finalized for a transaction amount of $151,000,000.00. The property covers zero square footage in the Orlando market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $151,000,000.00
  • Address: 8150 Chatham Manor BLVD, Orlando
  • Market: Orlando
  • Buyer: East Hill Capital
  • Seller: Priderock Capital Partners
  • Buyer's Representative: Daniel "Danny" Matz-Newmark
  • Seller's Representatives: Jordan "Jordy" Roeschlaub-Newmark, Daniel "Dan" Morin-Newmark, Dustin Stolly-Newmark

This transaction involves key representatives from Newmark, indicating a collaborative effort in the real estate market. The representatives play crucial roles in facilitating the deal between East Hill Capital and Priderock Capital Partners, showcasing their expertise in managing large-scale transactions.

Players

Dustin Stolly

Walker & Dunlop

Broker

$49.4B

vol

268 deals

Broker
PP
Priderock Capital PartnersSeller

Orlando MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.11%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93