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CIM Group Provides $120M Construction Loan For Mixed-Use Project In Orlando

434 North Orange Avenue
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This Mixed-use property located in FL received a loan of $120,000,000 over 2 years ago.

The property involved in the transaction is a mixed-use asset located at 434 N. Orange Ave in Orlando. The transaction took place on August 27, 2021.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $120,000,000
  • Lender: CIM Group - Shaul Kuba & Richard Ressler
  • Landlord: Property Markets Group (PMG) & Raven Capital Management
  • Loan Type: Construction Loan

The key individuals involved in the deal are Richard Ressler, Shaul Kuba, and Avi Shemesh. They can be seen in the provided image. CIM Group, represented by Shaul Kuba and Richard Ressler, served as the lender for the transaction. The property is owned by Property Markets Group (PMG) and Raven Capital Management.

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Deals
  • Location
    434 North Orange Avenue, Orlando, FL, USA434 North Orange Avenue, Orlando, FL, USA
  • Loan Value
    $120,000,000$120,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Lender1 Lender

CIM Group

CIM Group

Lender
Deals19
Volume$ 121B

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Deal Summary

LOAN IMAGE: Richard Ressler, Shaul Kuba & Avi Shemesh DATE: 08/27/2021 ADDRESS: 434 N. Orange Ave MARKET: Orlando ASSET TYPE: Mixed-use LENDER: CIM Group - Shaul Kuba & Richard Ressler LANDLORD: Property Markets Group (PMG) & Raven Capital Management LOAN AMOUNT: $120,000,000 LOAN TYPE: Construction Loan

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