FINANCED
Pacific Coast Capital Partners Funds $85M Acquisition Loan For Orlando Multifamily Property
8151 Patterson Woods Drive
MultiFamily
1,312 SF
1,312 SF
Financed 1 year ago
Summary
Loan
FLORIDA
MultiFamily
1,312 sqft
An acquisition loan has been originated by Pacific Coast Capital Partners, LLC for the purchase of a multifamily property in Orlando. The property, located at 8151 Patterson Woods Drive, consists of 384 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $85,000,000
- Address: 8151 Patterson Woods Drive
- Market: Orlando
- Units: 384
The lender for this transaction is Pacific Coast Capital Partners, and the landlord is Trion Properties. Berkadia represented the buyer in the deal, with Scott Wadler, Brad Williamson, Wes Moczul, Brett Moss, Matt Wilcox, Jaret Turkell, and Tyler Swidler serving as the brokers.
The three-year, floating-rate loan provided by Pacific Coast Capital Partners amounts to $85 million, which includes $80 million in initial funding and an additional $5 million for capital improvements. The loan also offers extension options for the borrower.
Players
All
9
Agents
7
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Wes Moczul, Scott Wadler, Brad Williamson Brett Moss, Matt Wilcox, Jaret Turkell & Tyler Swidler
DATE: 11/01/2021
ADDRESS: 8151 Patterson Woods Drive
MARKET: Orlando
ASSET TYPE: Multifamily ~ UNITS: 384
LENDER: Pacific Coast Capital Partners
LANDLORD: Trion Properties
BROKERS: Scott Wadler, Brad Williamson, Wes Moczul, Brett Moss, Matt Wilcox, Jaret Turkell, Tyler Swidler - Berkadia
LOAN AMOUNT: $85,000,000
LOAN TYPE: Acquisition loan
LOAN TERMS: Pacific Coast Capital Partners, LLC, originated a three-year, floating-rate loan for $85 million. It includes $80 million in initial funding and $5 million in future funding for capital improvements with extension options.View on map
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Address8151 Patterson Woods Drive
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