Tyler London And Ralph Gelley Of Sheridan Capital Provide $11.85M Refinance For Senior Housing
1700 Northeast 46th Court
$11,850,000
Building Size
—
Asset Type
Senior Housing
Closing
Apr 13, 2026
AI
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.
Players
Ocala Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93