Adam J. Tiktin Secures $4 Million Construction Loan For Retail Asset In Maitland
1351 Orlando Avenue
$4,000,000
$495/SF
Building Size
8,071 SF
Asset Type
Retail
Closing
Jul 15, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 1351 Orlando Avenue in Maitland. It encompasses a total square footage of 8,071 and is classified as a construction loan transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Lender: Amy Mahaney - United Community Bank
- Borrower: Adam J. Tiktin - United Capital
- Landlord's Representative: Eric Trombly - Black Bear Capital Partners
- Loan Type: Construction
This transaction features key individuals such as Amy Mahaney, representing United Community Bank as the lender, and Eric Trombly, who serves as the landlord's representative from Black Bear Capital Partners. Adam J. Tiktin of United Capital is identified as the borrower for this loan.
Players
Maitland Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93