American Landmark LLC Secures $93.5M Loan For Multifamily Properties In Charlotte And Orlando With NewPoint Real Estate Capital LLC

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.