The Cornfeld Group Secures $17.5 Million Loan From Ameris Bank For Retail Acquisition In Orlando
5600 International Drive
$17,500,000
$238/SF
Building Size
73,538 SF
Asset Type
Retail
Closing
Oct 22, 2025
AI
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
Orlando 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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93