The Geneva Group Secures $19.6M Loan For Industrial Portfolio In Orlando, FL | 3501 Parkbreeze Court | Eric Trombly | Industrial | Loan

Summary

Loan

FLORIDA

Industrial

45,000 sqft

A 292,232 SF industrial portfolio comprised of nine (9) industrial/flex warehouse buildings located at 3501 Parkbreeze Court in Orlando, FL has been involved in a recent loan transaction.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $19,600,000
Loan Terms: 7-year term with 18-months of interest only payments
Loan Type: Acquisition/Refinance

The loan was secured for the aforementioned industrial portfolio at a fixed rate of 3.75%. The borrower will benefit from 18 months of interest-only payments before transitioning into a regular repayment schedule. The loan is intended for the purpose of acquisition and refinancing.

The landlord of the industrial portfolio is The Geneva Group, represented by Jarred Elmar. The broker involved in the transaction is Eric Trombly.

Players

All
2

Agents
1
Agencies
1

Eric Trombly

Senior Managing Director

Black Bear Capital Partners

Details

Deal Summary

FINANCED

IMAGE: Jarred Elmar & Eric Trombly DATE: 06/21/2021 ADDRESS: 3501 Parkbreeze Court MARKET: Orlando, FL ASSET TYPE: Industrial LANDLORD: The Geneva Group - Jarred Elmar BROKER: Eric Trombly - (@BlackBearCapitalPartners) LOAN AMOUNT: $19,600,000 LOAN TERMS: 292,232 SF industrial portfolio comprised of nine (9) industrial/flex warehouse buildings. Financed on a 7-year term with 18-months of interest only payments at a fixed rate of 3.75% LOAN TYPE: Acquisition/Refinance

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Address3501 Parkbreeze Court

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