Advenir Real Estate Acquires 308-Unit Multifamily Property In Orlando For $37.3M With Brokers Berkadia

Advenir Real Estate has recently closed a transaction in Orlando, acquiring a multifamily property located at 1700 Woodbury Road. The property consists of 308 units and was acquired for a total loan amount of $37,300,000. The loan terms for this transaction are a 7-year fixed-rate with interest only payments.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $37,300,000
• Address: 1700 Woodbury Road
• Market: Orlando
• Landlord: Advenir Real Estate
• Brokers: Charles Foschini & Christopher Apone – Berkadia
• Loan Terms: 7-year fixed-rate, interest only
• Units: 308

Charles Foschini and Christopher Apone from Berkadia represented Advenir Real Estate in this transaction, facilitating the successful acquisition of the multifamily property in Orlando. The closing of this deal signifies an important milestone for all parties involved, further establishing Advenir Real Estate as a key player in the real estate market.