Deutsche Bank Provides $53.8M Refinance Loan For Orlando Office Property
SOLD
Illinois
See Similar DealsSold 08/12/2022
SOLD
Deutsche Bank Provides $53.8M Refinance Loan For Orlando Office Property
2300 Discovery Dr
See Similar DealsSold 08/12/2022
Summary
ILLINOIS
Transaction Type:Sale
The office property located at 2300 Discovery Dr in Orlando has recently undergone a refinancing transaction. The property, owned by DRA Advisors JV Tower Realty Partners, has been refinanced through a loan provided by Deutsche Bank, with a loan amount of $53,800,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $53,800,000
- Lender: Deutsche Bank
- Landlord: DRA Advisors JV Tower Realty Partners
The brokerage firm Berkadia, represented by Scott Wadler, Alec Fox, Brad Williamson, Matthew Robbins, and Mitch Sinberg, played a key role in the refinancing deal for this office property in Orlando.
Details
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
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Annual Debt Service$0.00
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