The Cornfeld Group Secures $17.5 Million Loan From Ameris Bank For Retail Acquisition In Orlando
FINANCED
$17,500,000
Florida
See Similar DealsRetail73,538 SF
Financed 10/23/2025
FINANCED
The Cornfeld Group Secures $17.5 Million Loan From Ameris Bank For Retail Acquisition In Orlando
5600 International Drive
See Similar DealsRetail73,538 SF
Financed 10/23/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$238
Total Square Footage:73,538 SF
Transaction Type:Loan
The property at 5600 International Drive is a retail asset comprising 73,538 square feet located in the Orlando market. An acquisition loan amounting to $17,500,000 has been secured for this property.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17,500,000
- Loan Type: Acquisition
- Lender: Ameris Bank
- Landlord: The Cornfeld Group
- Landlord's Representative: Josh Odessky, Michael DiCosimo & Aaliyah St. Louis - JLL
This transaction involved key professionals including Josh Odessky, Michael DiCosimo, and Aaliyah St. Louis, who represent the landlord, The Cornfeld Group, in this deal.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$17,500,000.00
Monthly NOI$116,666.67
Monthly Debt Service$110,611.90
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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