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Taurus Investment Pays $65M For Orlando Apartments

by multihousingnews.com posted 2weeks ago 22 views
Berkadia originated nearly $50 million in Freddie Mac financing on behalf of the buyer. : Taurus Investment Holdings has completed the $65 million purchase of Montevista at Windermere, a 360-unit community in Orlando, Fla., according to Orange County records. Berkadia originated a 10-year, $49.7 million Freddie Mac loan. The mortgage carries a variable interest rate with five years of interest-only payments and represents a 75 percent loan-to-value ratio. The Berkadia team included Senior Managing Director Mitch Sinberg and Associate Director Matt Robbins. A partnership between TruAmerica Multifamily and Investcorp sold Montevista at Windermere.

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