American Landmark LLC Secures $93.5M Loan For Multifamily Properties In Charlotte And Orlando With NewPoint Real Estate Capital LLC | 5025 Wembley Central Lane & 480 North Orange Avenue | NewPoint Real Estate Capital | MultiFamily | Loan

Summary

Loan

NORTH CAROLINA

MultiFamily

A multifamily property located at 5025 Wembley Central Ln & 480 N Orange Ave in Charlotte and Orlando has been involved in a recent transaction. The property consists of 617 units and is owned by American Landmark LLC.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $93,500,000
Loan Lender: NewPoint Real Estate Capital LLC - Marc Cesare
Loan Terms: 10-year fixed-rate loans with five years of interest-only payments and cash-out options

NewPoint Real Estate Capital LLC, represented by Marc Cesare, provided a loan of $93,500,000 for this transaction. The loan terms include a 10-year fixed-rate period, with the first five years consisting of interest-only payments and the option to cash out.

Players

All
1

Lenders
1

NewPoint Real Estate Capital

Details

Deal Summary

FINANCED

IMAGE: Marc Cesare DATE: 10/27/2022 ADDRESS: 5025 Wembley Central Ln & 480 N Orange Ave MARKET: Charlotte & Orlando ASSET TYPE: Multifamily ~ UNITS: 617 LENDER: NewPoint Real Estate Capital LLC (@NewPoint_REC) - Marc Cesare LANDLORD: American Landmark LLC (@AmericanLandmarkApartments) LOAN AMOUNT: $93,500,000 LOAN TERMS: 10-year, fixed-rate loans, five years of interest-only payments and provided cash-out options

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Address5025 Wembley Central Lane & 480 North Orange Avenue

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