JLL Capital Markets Arranges $59M Bridge Loan For Multifamily Property In Kissimmee | 3250 Orleans Avenue | Gregory (Greg) Nalbandian, Jesse Wright | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

1,397 sqft

The multifamily property located at 3250 Orleans Ave in Kissimmee has been involved in a recent closed transaction. The loan for this transaction was secured on 27th April 2021.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $59,000,000
Address: 3250 Orleans Ave
Market: Kissimmee

The loan for this property was provided by George G. Hicks and Ilfryn Carstairs from Värde Partners. The loan is a three-year, non-recourse bridge loan. The property consists of 326 units.

Russ Krivor from Sovereign Properties is the landlord of this multifamily property. The brokers involved in this transaction are Gregory Nalbandian and Jesse Wright from JLL Capital Markets.

Players

All
3

Agents
2
Agencies
1

Gregory (Greg) Nalbandian

Senior Managing Director

$29M Sold

Jesse Wright

Director

$104.7M Sold

JLL

Details

Deal Summary

FINANCED

IMAGE: Gregory Nalbandian, Russ Krivor, George G. Hicks, Jesse Wright & Ilfryn Carstairs DATE: 04/27/2021 ADDRESS: 3250 Orleans Ave. MARKET: Kissimmee ASSET TYPE: Multifamily LENDER: George G. Hicks & Ilfryn Carstairs - Värde Partners LANDLORD: Russ Krivor - Sovereign Properties BROKERS: Gregory Nalbandian & Jesse Wright - JLL Capital Markets LOAN AMOUNT: $59,000,000 LOAN TERMS: three-year, non-recourse bridge loan UNITS: 326

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Address3250 Orleans Avenue

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