FINANCED
Taurus Investment Holdings Secures $49.65M Loan For Orlando Multifamily Property
6421 Conroy Road
MultiFamily
11,002,290 SF
11,002,290 SF
Financed 1 year ago
Summary
Loan
FLORIDA
MultiFamily
11,002,290 sqft
An Orlando multifamily property located at 6421 Conroy Road has recently secured a loan of $49,650,000. The loan, originated by berkadia''>berkadia''>berkadia''>berkadia'>Berkadia and purchased by Freddie Mac, has a term of 10 years with five years of interest only and a loan-to-value (LTV) ratio of 75%. The property is owned by Taurus Investment Holdings.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $49,650,000
- Market: Orlando
- Lender: Berkadia / Freddie Mac
- Landlord: Taurus Investment Holdings
- Brokers: Mitch Sinberg & Matt Robbins - Berkadia
The loan was arranged by Mitch Sinberg and Matt Robbins from Berkadia, who represented the borrower in this transaction. This deal highlights the collaboration between Berkadia, Freddie Mac, and Taurus Investment Holdings in securing financing for the Orlando multifamily property located at 6421 Conroy Road.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Mitch Sinberg & Matt Robbins
DATE: 11/09/2020
ADDRESS: 6421 Conroy Road
MARKET: Orlando
ASSET TYPE: Multifamily
LENDER: Berkadia / Freddie Mac
LANDLORD: Taurus Investment Holdings
BROKERS: Mitch Sinberg & Matt Robbins - Berkadia
LOAN AMOUNT: $49,650,000
LOAN TERMS: Berkadia originated, and Freddie Mac purchased, the 10-year, floating-rate loan with five years interest only and a 75% LTV.View on map
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Address6421 Conroy Road
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