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11600 Mackay Boulevard

Gideon Friedman & Amir Hazan Of Beachwold Residential Secures $176.6 Million Construction Loan In Orlando
FINANCEDStudent Housing

Gideon Friedman & Amir Hazan Of Beachwold Residential Secures $176.6 Million Construction Loan In Orlando

11600 Mackay Boulevard

$176,000,000

$346/SF

Building Size

508,121 SF

Asset Type

Student Housing

Closing

Jun 29, 2026

AI

The asset involved in this transaction is a student housing facility located at 11600 Mackay Boulevard in Orlando, featuring 1,395 beds. A construction loan amounting to $176,600,000 has been secured for this property.

Summary of transaction details:

Key individuals involved in the transaction include the landlords Gideon Friedman and Amir Hazan, representing Beachwold Residential. The landlord's representatives are part of JLL, including Mona Carlton, Elliott Throne, Joshua Odessky, Michael Romero, JJ Hovenden, and Luke Maganas, facilitating the loan process for the construction of the property.

Players

Mona Carlton

JLL

Broker

$412.5M

vol

10 deals

Broker
Affinius Capital
Affinius CapitalLender
Gideon Friedman

Gideon Friedman

Beachwold Residential

Landlord

$764.6M

vol

7 deals

Landlord
Beachwold Residential
Beachwold ResidentialLandlord

Orlando Student Housing Market Snapshot

Boundary boundary · Student Housing · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93