Tyler London And Ralph Gelley Of Sheridan Capital Provide $11.85M Refinance For Senior Housing
FINANCED
$11,850,000
Florida
See Similar DealsSenior Housing
Financed 04/14/2026
FINANCED
Tyler London And Ralph Gelley Of Sheridan Capital Provide $11.85M Refinance For Senior Housing
1700 Northeast 46th Court
See Similar DealsSenior Housing
Financed 04/14/2026
Summary
FLORIDA
Asset Type:Senior Housing
Transaction Type:Loan
The asset involved in this transaction is located at 1700 Northeast 46th Court in Ocala, categorized as Senior Housing. The refinancing loan for this property amounts to $11,850,000.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $11,850,000
- Lender: Tyler London & Ralph Gelley - Sheridan Capital
- Landlord's Representative: Adrian Edery - Two50 Capital Group
- Loan Type: Refinance
- Date: 04/14/2026
Tyler London and Ralph Gelley acted as the lenders representing Sheridan Capital in this refinancing deal. Adrian Edery represented the landlord through Two50 Capital Group, facilitating the transaction process by providing necessary support and expertise.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,850,000.00
Monthly NOI$79,000.00
Monthly Debt Service$74,900.06
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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